COPENHAGEN (Reuters) - Denmark’s largest insurance company Tryg (TRYG.CO) said on Saturday it was in talks about a possible acquisition of its unlisted competitor Alka.
“Tryg is in a dialogue concerning a potential acquisition of Alka,” the company said in a short statement following a report in Danish newspaper Berlingske.
The deal could be worth around 6 billion Danish crowns ($960 million), according to the newspaper. Tryg did not comment on the size of the deal.
Reporting by Teis Jensen; Editing by Andrew Heavens