U.S. investment manager Tiptree said on Thursday that South Korea's DB Insurance would acquire its specialty insurance unit, The Fortegra Group, for about $1.65 billion in cash. The sale would also ...
Yonhap News Agency on MSN
DB Insurance acquires U.S. insurer Fortegra for US$1.65 bln
DB Insurance Co., a major non-life insurer here, said Friday that it has signed a US$1.65 billion deal to take over a U.S. insurer, the largest-ever overseas takeover deal by a local insurance company ...
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