insurance group combination News

Insurer Helvetia Agrees to Buy Nationale Suisse in $2 Billion Deal

Helvetia Holding AG agreed to buy a majority stake in Nationale Suisse in a transaction valuing the company at about CHF1.8 billion ($2 billion) to create Switzerland’s third-largest insurer. Helvetia is offering CHF80 [$89.50] in cash and shares for Nationale …