CPPIB pulls Wilton Re sale process as bids drop to ~$2bn
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CPPIB pulls Wilton Re sale process as bids drop to ~$2bn

Wilton Re logo Norwalk CT.png

The Canada Pension Plan Investment Board (CPPIB) has pulled the sale process of life reinsurer Wilton Re after it was unable to secure a bid that met its expectations, this publication understands.

Sources said that CPPIB halted the process after price consideration for the firm dropped to ~$2bn in the final round of bidding.

CPPIB

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