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Property and casualty insurance company Zurich has made a provisional $8.8 billion takeover bid for rival RSA, reports Canadian Insurance Top Broker.

Zurich has 28 days to make a firm offer, walk away or ask for more time to consider the deal. If it goes through, the deal would be among the biggest insurance takeovers in Europe and North America.

Read more.

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Originally published on Advisor.ca

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