Chubb Corp. (CB) Said to Explore Deal for Hartford Financial (HIG) - Bloomberg

March 18, 2021 12:20 PM EDT

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(Updated - March 18, 2021 12:24 PM EDT)

Chubb Corp. (NYSE: CB) is said to explore a deal for $21 billion rival Hartford Financial (NYSE: HIG), according to Bloomberg, citing sources.

Chubb has made a preliminary takeover approach but deliberations are still at an early stage.

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