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Travelers Sells Most Of Canada Operations To Definity For $2.4 Billion
benzinga.com/news/asset-sales/25/05/45638680/travelers-sells-most-of-canada-operations-to-definity-for-2-4-billion
The Travelers Companies, Inc. (NYSE:TRV), on Tuesday, entered into a definitive agreement to divest its personal insurance and most of its commercial insurance operations in Canada to Definity Financial Corporation (DFY) for around $2.4 billion.
The deal, valued at 1.8x book value after…
This story appeared on benzinga.com, 2025-05-28 10:04:37.