ASR Nederland to buy Generali’s Dutch operations

Dutch insurer ASR Nederland N.V. plans to buy Italy-based insurer Assicurazioni Generali S.p.A.’s Dutch unit Generali Nederland N.V. for €143 million ($171 million), Reuters reported. Jos Baeten, chief executive of ASR, said that the acquisition would add €30 million to the insurer’s annual profit after the deal closes in the first quarter of 2018.
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