Definity Financial has concluded its acquisition of the personal insurance and most of the commercial insurance operations of the Travelers Companies in Canada for nearly C$3.3bn in cash. The ...
WATERLOO, ON, Jan. 2, 2026 /CNW/ - Definity Financial Corporation (TSX: DFY) today announced that it has completed the acquisition of the personal insurance business and the majority of the commercial ...
Definity, with a market capitalization of $6.6 billion, has seen its stock price rise 32% over the past year according to InvestingPro data. The transaction, which was previously announced, closed on ...
Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Clean Technology, Materials and Consumer ...
Travelers Cos. said Friday it has completed its previously announced sale of its Canadian personal insurance business and most of its Canadian commercial insurance operations to Definity Financial ...
Travelers expects to use approximately US$0.7 billion of the net cash proceeds of the transaction for additional share repurchases in 2026, while retaining the remainder to support ongoing operations ...
NEW YORK, January 02, 2026--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today completed its previously announced sale of the personal insurance business and the majority of the ...