Chesnara has finalized an agreement to purchase Scottish Widows Europe for €110 million. Bloomberg posted on X, highlighting the strategic move aimed at expanding Chesnara's presence in the European market. The acquisition is expected to enhance Chesnara's portfolio and strengthen its position in the insurance sector. This transaction marks a significant step in Chesnara's growth strategy, as it seeks to leverage Scottish Widows Europe's established operations and customer base. The deal is anticipated to close following regulatory approvals, with Chesnara expressing confidence in the benefits of this acquisition for its shareholders and customers.