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Danish insurer Tryg in talks to buy peer Alka
December 2, 2017 / 2:52 PM / 11 days ago

Danish insurer Tryg in talks to buy peer Alka

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

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