ACE to Acquire 60.9% Stake in Siam Commercial Samaggi Insurance from Siam Commercial Bank in Deal Valued at $185M
January 12, 2014 at 20:47 PM EST
ACE Limited (NYSE: ACE ) announced today that the company and its local partner have reached a conditional agreement to purchase a 60.9% stake in The Siam Commercial Samaggi Insurance PCL, a general