Kiwibank completes sale of insurance business.

M2 EQUITYBITES-May 2, 2022--Kiwibank completes sale of insurance business

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Global Banking News - 02 May 2022

New Zealand-based Kiwibank has completed the sale of its insurance business.

Kiwi Insurance has been sold for USD45m. The deal has been completed one year after announcement. Part of the deal involves an exclusive partnership with Kiwi Insurance.

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