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 itsacquisition moves, said it will buy Sirius Insurance Group, aSwedish insurance and reinsurance unit of Zurich, Switzerland-basedmanufacturing giant ABB Ltd., for $425 million.[@@]
Sirius employs some 200 workers at its three major units:Sweden-based Sirius International, Sirius America and ScandinavianReinsurance.
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