TD – Insurers Tryg, Intact Financial sell Codan to Alm. Brand in $2 bln deal
COPENHAGEN, June 11 (Reuters) – Insurers Tryg TRYG.CO and Intact Financial IFC.TO on Friday said they had entered a deal to sell their stakes in the Danish business of insurance company Codan to Alm. Brand ALMB.CO in a deal valued at 12.6 billion Danish crowns ($2.06 billion).
($1 = 6.1212 Danish crowns)
(Reporting by Nikolaj Skydsgaard; Editing by Edmund Blair)
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