BERMUDA > U.S based AIG is set to acquire Bermuda based Validus Holdings for $5.56 billion in cash

AIG logo AIG, leading global American insurance group, is set to acquire all outstanding common shares of Validus Holdings. Validus Holdings is also a leading provider of reinsurance, primary insurance and asset management service company. Validus common shares will be traded at $68 per share for a total transaction value of $5.56 billion in cash. AIG General Insurance will benefit from the More …

USA > ADM to sell its Crop Risk Services (CRS) business to Validus Holdings for $127.5 million

VR-Logo Chicago, USA based ADM (Archer Daniels Midland) to sell its (CRS) business to Validus Holdings for $127.5 million. The deal is still subject to regulatory approvals and is set to close in first half of 2017. After the deal it is expected that almost all the employees will be transferred to CRS business under Validus. Validus as a company provides More …