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Foyer completes GB Life Luxembourg acquisition

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Foyer completes GB Life Luxembourg acquisition

Foyer SA finalized its acquisition of GB Life Luxembourg SA on Dec. 30.

GB Life Luxembourg agreed to be acquired by Foyer in August. The transaction is expected to strengthen GB Life Luxembourg's position toward its business partners and clients and enhance its commercial strategy.

Luxembourg-based Foyer offers insurance, benefit protection insurance and wealth management products in Europe.