Intact Financial (IFCZF) & Tryg A/S (TGVSF) $9.5bn acquisition of RSA Insurance Group (RSAIF) information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on June 1, 2021
Acquisition Details | Value |
---|---|
Acquisition Target Stock Name | RSA Insurance Group |
Acquisition Target Stock Ticker | RSAIF |
Acquirer Name and Ticker | Intact Financial (IFCZF) & Tryg A/S (TGVSF) |
Announcement Date | November 19, 2020 |
Target Attitude | FRIENDLY TAKEOVER |
Expected Completion Date | Q2, 2021 |
Deal Value | $9.5bn, 7.2bn GBP |
Offer Price | 6.85 GBP |
Payment Method | All Cash Deal |
Initial Announcement | Press Release |
Investor Relations | Matthew Cohen - matthew.cohen@gcc.rsagroup.com |
Actual Completion Date | June 12, 2021 |
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RSA Insurance Group (OTCPK: RSAIF) Acquisition
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RSA Insurance Group (OTCPK: RSAIF) Acquisition - Merger News and Events
The major acquisition news updates & events of RSA Insurance Group (RSAIF) by Intact Financial, Tryg A/S (IFCZF, TGVSF) are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the Intact Financial, Tryg A/S (IFCZF, TGVSF) buyout of RSA Insurance Group (RSAIF) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments.
Following the acquisition news section, there is an in-depth company profile.
RSA Insurance Group Company Profile
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance services. It operates through Scandinavia, Canada, and UK & International segments. The company offers a range of personal insurance products, including home, car, pet, and travel insurance products directly to its customers, as well as through brokers and agents.
It also provides commercial insurance products, such as property, vehicle and fleet, professional liability, and indemnity and travel insurance, as well as marine, renewable energy, construction and engineering, and rail insurance for small to medium sized enterprises, multinational companies, and sole traders. The company was formerly known as Royal & Sun Alliance Insurance Group plc and changed its name to RSA Insurance Group plc in May 2008. RSA Insurance Group plc was founded in 1710 and is headquartered in London, the United Kingdom.
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