Who bought out JC Penney life insurance Company?

Who bought out JC Penney life insurance Company?

AMSTERDAM — Dutch insurer Aegon NV said it is expanding its U.S. health and life-insurance business by buying U.S. retailer J.C. Penney Co.’s direct-marketing services division for $1.3 billion (1.4 billion euros) in cash. Aegon said it would finance the acquisition by issuing 36 million shares this year. Mar 9, 2001

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