RSA Weighs £7.2B Buyout Offer To Split Insurer In Two

Law360, London (November 6, 2020, 1:25 PM GMT) -- British insurance giant RSA Group said it has received a £7.2 billion ($9.5 billion) buyout proposal from a consortium made up of a Canadian and a Scandinavian insurer.

RSA said in a stock market update that it has had a £7.2 billion ($9.5 billion) buyout offer from Canada's Intact Financial Corporation and Tryg of Scandinavia. (iStock) RSA said in a stock market update on Friday that the Canadian company, Intact Financial Corporation, would pay £3 billion and Tryg A/S would pay £4.2 billion. The business would effectively be divided between the companies.

The London-headquartered insurer said its board "would be minded to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!