Partner Article
Zurich considers RSA Insurance takeover
Zurich Insurance Group has reacted to recent market speculation in relation to RSA Insurance Group and it has confirmed that it is evaluating a possible offer for RSA.
The insurance provider notes “there can be no assurance that any offer will be made” to acquire the Horsham-headquartered company.
Zurich, which is Europe’s third-largest insurer, has confirmed speculation surrounding its interest in acquiring RSA.
Run by former RBS boss Stephen Hester, RSA has a market value of about £4.5bn.
In an announcement on the London Stock Exchange, the insurer said: “A further announcement will be made in due course.”
This was posted in Bdaily's Members' News section by Ellen Forster .
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