White Mountains, On Buying Spree, To Buy Sirius
NU Online News Service, Dec. 9, 1:25 a.m. EST? Bermuda-based White Mountains Insurance Group, continuing its acquisition moves, said it will buy Sirius Insurance Group, a Swedish insurance and reinsurance unit of Zurich, Switzerland-based manufacturing giant ABB Ltd., for $425 million.[@@]
Sirius employs some 200 workers at its three major units: Sweden-based Sirius International, Sirius America and Scandinavian Reinsurance.
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