Midland Deal Could Spark More Foreign M&A Interest

A financial analyst said Munich Re's deal to acquire Midland Company could spark renewed interest in acquisition of other U.S. insurers, with an advantage to foreign acquirers seeking to take advantag

By Mark E. Ruquet | Updated on October 22, 2007

A financial analyst said Munich Re’s deal to acquire Midland Company could spark renewed interest in acquisition of other U.S. insurers, with an advantage to foreign acquirers seeking to take advantage of the weak dollar.

Last week, Germany-based reinsurance company Munich Re announced a $1.3 billion deal to purchase Cincinnati-based specialty insurer Midland Company.

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