The American subsidiary of the Belgian-Dutch Financial Services Group Fortis announced plans to acquire New York-based provider of employee absence management services CORE for $4.92 a share. Fortis will also assume CORE’s $13 million corporate debt, bringing the total value of the acquisition to an estimated $45 million.
The move was seen as complimenting Fortis position in the disability insurance and reinsurance markets in the U.S.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
What Analysts Are Saying About the 2026 P/C Insurance Market 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
