QBE 1.51% $15.69 qbe insurance group limited

Takeover target, page-6

  1. 2,574 Posts.
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    When I heard about the AXA/XL takeover, QBE crossed my mind too. Nothing more than a thought bubble!

    AXA buys Bermuda-based XL for $15 billion in latest insurance mega-deal - Reuters

    https://www.reuters.com/article/us-...n-in-latest-insurance-mega-deal-idUSKBN1GH0N0

    Interestingly, reported (early 2017) QBE suitor, "Allianz had also been seen as a possible suitor for XL, but a source close to the German company said Allianz was not overly concerned by AXA scooping up XL."

    Also of interest, the price paid for XL (US$15 billion) was similar to the amount in media reports last year that linked Allianz with a A$20 billion bid for QBE.

    DYOR
 
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