21st Sep 2015 05:21
LONDON (Alliance News) - Zurich Insurance Group on Monday said it does not intend to make a bid for RSA Insurance Group PLC, pulling out of the prolonged talks between the two.
Zurich said in a short statement that discussions with RSA about making a bid for the British insurer had been terminated.
Zurich had been in talks about making a bid for RSA which would have valued the company at around GBP5.6 billion.
By Sam Unsted; [email protected]; @SamUAtAlliance
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