April 2, 2018 / 12:06 PM / 5 months ago

BRIEF-White Mountains To Acquire A Majority Stake In NSM Insurance Group

April 2 (Reuters) - White Mountains Insurance Group Ltd :

* WHITE MOUNTAINS TO ACQUIRE A MAJORITY STAKE IN NSM INSURANCE GROUP

* TRANSACTION VALUES NSM AT APPROXIMATELY $388 MILLION.

* ‍INTENDS TO FUND ACQUISITION THROUGH A COMBINATION OF CASH ON HAND AND NEW DEBT ISSUED BY NSM​ Source text for Eikon: Further company coverage:

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