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Danish insurer Tryg in talks to buy peer Alka
December 2, 2017 / 2:42 PM / a month ago

Danish insurer Tryg in talks to buy peer Alka

COPENHAGEN, Dec 2 (Reuters) - Denmark’s largest insurance company Tryg said on Saturday it was in talks about a possible acquisition of its unlisted competitor Alka.

“Tryg is in a dialogue concerning a potential acquisition of Alka,” the company said in a short statement following a report in Danish newspaper Berlingske.

The deal could be worth around 6 billion Danish crowns ($960 million), according to the newspaper. Tryg did not comment on the size of the deal.

($1 = 6.2581 Danish crowns)

Reporting by Teis Jensen; Editing by Andrew Heavens

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