RSA deal raises $230m
Royal and Sun Alliance today announced the sale of its speciality US nonstandard motor business, Viking Insurance, to Sentry Insurance.
The consideration of approximately $200m will be payable in cash and will generate a post tax gain on disposal, on a US statutory basis, of around $155m. This represents a price of two times proformaOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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