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Best’s News & Research Service subscription required - June 25, 2021 02:15 PM (EDT)

Athene Assumes $900 Million in Pension Obligations From Sonoco

Global packaging company Sonoco bought group annuity contracts from Athene Holding Ltd. that transfer about $900 million of Sonoco’s U.S. pension plan obligations to Athene subsidiaries. . . .

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Life Reinsurance Annuities Pension Fund Liability


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