White Mountains (WTM) Unit to Acquire AIG (AIG) Runoff Unit
Get Alerts WTM Hot Sheet
Join SI Premium – FREE
White Mountains Solutions Holding Company, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), announced today that it had entered into a definitive agreement to acquire American Fuji Fire and Marine Insurance Company, a small runoff subsidiary of American International Group, Inc. (NYSE: AIG). The transaction is expected to close during the first quarter of 2013 subject to customary closing conditions and regulatory approval from the Illinois Department of Insurance.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bernstein on whether Hershey (HSY) could eventually step up to buy Mondelez (MDLZ)
- Magna Holdings makes unsolicited bid for 31% of Yatra Online
- Questor Technology signs LOI to acquire Emission Rx for up to C$3M
Create E-mail Alert Related Categories
Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share