Intact Financial to acquire US specialty insurer OneBeacon Insurance for $1.7bn

Intact Financial to acquire US specialty insurer OneBeacon Insurance for $1.7bn

Canadian property and casualty insurer, Intact Financial Corporation has entered into a definitive agreement and plan of merger to acquire leading US specialty insurer OneBeacon Insurance Group for $1.7 billion. Intact Financial OneBeacon Insurance Acquisition Deal As per the terms of the all-cash deal, Intact Financial will pay the shareholders of OneBeacon Insurance $18.10 cash […]