Insurance Acquisitions News: ACE To Acquire Chubb For $28.3 Billion

Posted on Posted in IT

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ACE Limited and The Chubb Corporation have announced that the Boards of Directors of both companies have unanimously approved a definitive agreement under which ACE will acquire

Chubb. Under the terms of the transaction, Chubb shareholders will receive $62.93 per share in cash and 0.6019 shares of ACE stock.

For more infomation check: http://uk.businessinsider.com/ace-to-acquire-chubb-for-283-billion-2015-7

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