Reuters logo
4 months ago
BRIEF-OneBeacon to be acquired by Intact Financial for $1.7 bln
May 2, 2017 / 10:06 PM / 4 months ago

BRIEF-OneBeacon to be acquired by Intact Financial for $1.7 bln

May 2 (Reuters) - OneBeacon Insurance Group Ltd:

* OneBeacon - to be acquired by intact financial corporation for $1.7 billion; deal for $18.10 per share

* OneBeacon- OneBeacon debt of about $275 million to remain outstanding; expects to continue paying qtrly dividends as per past practice prior to deal closing Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below