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

by Charles Gross, Benzinga Editor

January 12, 2014 8:47 PM | 15 seconds read | Make a Comment

ACE Limited

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

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