South Korea's Meritz Fire & Marine looks to acquire non-life insurer
BESTWIRE -- South Korea's Meritz Fire & Marine Insurance Co. is looking to acquire another nonlife insurer, First Fire & Marine Insurance Co., through negotiations with First Fire's largest shareholder.
Meritz Fire said In a regulatory filing that it plans to send a proposal to First Fire to by a 20.68% stake in the insurer.
Meritz Fire said it now owns 4.11% of First Fire. Meritz Fire is looking for
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