MAPFRE Reaches an Agreement to Acquire US Insurer The Commerce Group, Inc. For EUR 1,538 Million ($2,207 Million)

October 30th, 2007 | Category: Insurance

MAPFRE S.A. of Spain and US insurer The Commerce Group, Inc. (”COMMERCE”) (NYSE:CGI) have announced nowadays the signing of a merger agreement by which MAPFRE will acquire 100

per cent of the share capit…

Original post by Nathan Koppel

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