The deal will immediately boost Sun Life’s profit, adding 17 cents to underlying earnings per share, according to the statement. “This one came to us in a space that we like, and it fit with our strategy.” group-benefits space,” Strain said in an interview. “We’ve been looking for ways to add scale to our group benefits business - and we’ve been growing organically quite well - but we always thought that an acquisition would be an important step forward for us in the U.S. The dental-benefits market also is less capital-intensive than other businesses like long-term care insurance, making it a more attractive target, Sun Life Chief Executive Officer Kevin Strain said. Affordable Care Act businesses, giving Sun Life access to the U.S. DentaQuest was particularly appealing because the firm is the largest provider of Medicaid dental benefits and is growing its Medicare Advantage and U.S.
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