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Intact, Tryg receive approvals for RSA’s acquisition

Posted On: Jan. 21, 2021 9:31 AM CST


Canada’s Competition Bureau has approved have approved Danish insurer Tryg AS and Canadian insurer Intact Financial Corp.’s £7.2 billion ($9.8 billion) planned purchase of RSA Group PLC, Verdict reported. Tryg will acquire RSA’s Swedish and Norwegian businesses, while Intact will assimilate RSA’s Canadian, U.K. and international businesses.

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