The U.K.’s Chaucer Insurance, a leading Lloyd’s insurer, has reportedly broken off talks aimed at acquiring another U.K. company, auto insurer Highway for around £87 million ($165 million).
Reuters cited Chaucer management sources as indicating that the two had failed to reach an agreement on the purchase price.
Was this article valuable?
Here are more articles you may enjoy.
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak 
Tropical Storm Watches Posted Across Florida’s Panhandle Region 
Models Stripped of Insurance Cover for Club’s Unauthorized Use of Their Images 
Walmart Removes Four Taylor Farms Salads as Recalls Spread 
