DB Insurance Completes $1.65 Billion Acquisition of Fortegra
South Korea's DB Insurance has finalized its acquisition of US-based specialty insurer Fortegra for $1.65 billion in an all-cash deal, marking the largest market entry by a South Korean non-life insurer into the U.S. The transaction expands DB Insurance’s geographic reach and adds warranty and surety lines to its operations.
Topics: Corporate Acquisition Insurance International Expansion