Royal Bank to Buy Insurance Business From Liberty Corp.Reports that Royal Bank of Canada has agreed to acquire the insurance subsidiaries of Liberty Corporation. Value of the acquisition; Significance of the move; Terms under the agreement.Cherney...
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Insurance brokerage firm Marsh McLennan’s unit Mercer has agreed to buy Cardano, a London-based pension fund manager that oversees $66 billion of assets, to widen its foothold in the UK market. The deal, unveiled on Tuesday, will allow Mercer to capitalize on the increasing demand for pensi...