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BRIEF-CBL Corporation announces conditional agreement to buy U.S. insurer
March 24, 2017 / 10:05 AM / 6 months ago

BRIEF-CBL Corporation announces conditional agreement to buy U.S. insurer

March 24 (Reuters) - CBL Corporation Ltd

* CBL announces conditional agreement to buy us insurer

* Acquisition, which will be funded by existing cash resources, is subject to change of control approval from state of New York department of financial services

* Filed application for regulatory approval to acquire US insurer Affirmative Direct Insurance Company Limited, in a USD5.7 million transaction Source text for Eikon: Further company coverage:

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