Chubb’s Offer to Acquire Rival Hartford: $23.24 Billion

Property and casualty insurer Chubb Ltd. on Thursday offered to acquire smaller rival Hartford Financial Services Group Inc in a $23.24 billion cash-and-stock deal. Chubb’s $65 per share offer represents a premium of 13.2% to Hartford’s last close of $57.41. …

from News – Insurance Journal https://ift.tt/3r8iGOQ