Stock market today: RSA Insurance Group plc (LON: RSA) yearns to buy Aviva plc (LON: AV)

Stock market today: RSA Insurance Group wants Aviva

In brief: Stock market today: RSA Insurance Group plc (LON: RSA) proposed Aviva $ 7,8 billion. The mergers and acquisitions stir the markets.

RSA Insurance Group plc (LON: RSA) is trying to conclude a bargain with Aviva plc (LON: AV). RSA Insurance Group plc (LON: RSA) shares drop to 127.20 points, losing -1.30 (-1.01%) in the last minute.

At the same time, Aviva plc (LON: AV) is located in the green zone around 387.40 points, gaining +20.10 (5.47%). According to information from knowledgeable sources, the British insurer RSA Insurance Group made an offer for Aviva to purchase its units of general insurance in the UK, Canada and Ireland for 5 billion pounds ($ 7.8 billion). Company representatives declined to comment, while, as another source said that Aviva has rejected the offer and currently negotiations are not conducted.

Anrey Torbinski
2010-08-13 15:14, Economics.

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