Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Sep. 18, 8:43 AM

This Slide: #29 of 100

Slide #29. OneBeacon Insurance Group — International Bond & Marine Brokerage, Ltd.

Acquirer:	OneBeacon Insurance Group
Acquiree:	International Bond & Marine Brokerage, Ltd.
Details:	OneBeacon Insurance Group, the brand for Intact Financial Corporation's (TSX: IFC) U.S. insurance company subsidiaries, today announced that it has acquired International Bond & Marine Brokerage, Ltd. ("IB&M"), a privately held brokerage specializing in the international trade markets. Through this transaction, OneBeacon expands its owned-brokerage assets and innovatively reshapes its customs bonds market offerings through an end-to-end risk management platform.

Both companies are privately held or listed on a foreign exchange.

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