Market Overview

ACE to Acquire 60.9% Stake in Siam Commercial Samaggi Insurance from Siam Commercial Bank in Deal Valued at $185M


ACE Limited (NYSE: ACE) announced today that the company and its local
partner have reached a conditional agreement to purchase a 60.9% stake
in The Siam Commercial Samaggi Insurance PCL, a general insurance
company in Thailand, from Siam Commercial Bank.

See full press release

Posted-In: News Guidance Asset Sales Management M&A Global


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