Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

UK insurer RSA receives 7.2 bln stg cash takeover offer

Wed, 18th Nov 2020 07:08

LONDON, Nov 18 (Reuters) - Britain's RSA Insurance
said on Wednesday it had received a cash offer worth 7.2 billion
pounds ($9.55 billion)from Canadian insurer Intact Financial
and Danish insurer Tryg.

RSA said its directors intended to recommend unanimously
that shareholders vote in favour of the scheme. The insurer had
said earlier this month it had received a proposal from the
consortium.
($1 = 0.7539 pounds)
(Reporting by Iain Withers, editing by Sinead Cruise)

Related Shares

More News
8 Jun 2021 12:06

Bank of England unveils climate stress tests for UK banks and insurers

Bank of England unveils climate stress tests for UK banks and insurers

8 Jun 2021 11:16

Cevian Capital builds stake in Aviva in effort to secure bumper payout

Cevian Capital builds stake in Aviva in effort to secure bumper payout

1 Jun 2021 09:44

RSA Insurance bought by Intact and Tryg consortium for GBP7.2 billion

RSA Insurance bought by Intact and Tryg consortium for GBP7.2 billion

28 May 2021 09:29

TOP NEWS: UK FCA targets loyalty penalties in motor and home insurance

TOP NEWS: UK FCA targets loyalty penalties in motor and home insurance

25 May 2021 15:50

DIRECTOR DEALINGS: Renalytix AI CEO sells USD2 million in shares

DIRECTOR DEALINGS: Renalytix AI CEO sells USD2 million in shares

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.