DB Insurance to acquire Fortegra for $1.65 billion in cash
PositiveFinancial Markets

DB Insurance has announced its acquisition of Fortegra for $1.65 billion in cash, marking a significant move in the insurance industry. This acquisition is expected to enhance DB Insurance's portfolio and expand its market presence, which is crucial for staying competitive in a rapidly evolving market. The deal reflects a growing trend of consolidation in the sector, as companies seek to leverage synergies and improve their service offerings.
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