RSA in £7.2bn sale talks

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RSA has confirmed it is in takeover talks with Canadian insurer Intact Financial Corporation and Danish provider Tryg about a £7.2bn deal that would split up the business.

RSA revealed that the consortium made the takeover approach on 2 October and that subject to certain conditions including due diligence it is “minded” to recommend the deal.

Intact would keep RSA’s

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