Intact Ponies Up $536M For Westaim Insurance Unit
The acquisition gives Intact all the outstanding shares and capital of Jevco Insurance Co., which wrote approximately CA$350 million in premiums last year, according to the companies.
Adjusting for a CA$30 million cash dividend Jevco will have to pay Westaim for the first quarter of this fiscal year, the...
Already a subscriber? Click here to login