Lemonade completes buyout of Metromile
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Lemonade completes buyout of Metromile

Lemonade Metromile logos boardroom.jpg

Lemonade has completed its previously announced acquisition of Metromile, effective July 28.

Last November, Lemonade struck a deal to buy the Californian InsurTech in an all-stock transaction, implying a diluted equity value of $500mn, or $200mn net of cash.


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