Commentary

Growth Opportunities and Geographic Diversification—Intact Partners with Tryg in Potential Joint Bid to Acquire RSA

Insurance Organizations

Summary

On November 5, 2020, Intact Financial Corporation announced a proposal for a nonhostile joint bid with Tryg A/S, a Scandinavian insurance company, to acquire RSA Insurance Group plc for a total cash consideration of approximately GBP 7.2 billion (CAD 12.3 billion).

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