RSA shareholders say yes to £7.2bn takeover

tick

Canadian provider Intact and Danish insurer Tryg made a cash offer for RSA in November 2020.

RSA shareholders have voted to approve the £7.2bn takeover by Regent Bidco.

Regent Bidco is owned by Intact Financial Corporation and Tryg and made a formal offer to buy RSA on 18 November 2020.

Majority
RSA said last year that the deal will be affected by means of a court-sanctioned scheme of arrangement. At a court meeting held yesterday (18 January), the majority of RSA’s scheme shareholders voted to approve the scheme.

The insurer also held a general meeting at which shareholders voted to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: