Insurers Tryg, Intact Financial sell Codan to Alm. Brand in $2 bln deal

ALM. Brand A/S

11/06/2021 12:12

COPENHAGEN, June 11 (Reuters) - Insurers Tryg  TRYG.CO  and
Intact Financial  IFC.TO  on Friday said they had entered a deal
to sell their stakes in the Danish business of insurance company
Codan to Alm. Brand  ALMB.CO  in a deal valued at 12.6 billion
Danish crowns ($2.06 billion). 

    ($1 = 6.1212 Danish crowns)

 (Reporting by Nikolaj Skydsgaard; Editing by Edmund Blair)
 ((Nikolaj.Skydsgaard@thomsonreuters.com;))