Mega deal would have been ‘financially and strategically compelling’ for both parties: Chubb
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Mega deal would have been ‘financially and strategically compelling’ for both parties: Chubb

The City of Dreams, New York City's Skyline at Twilight
Image of the Manhattan skyline at sunset from an elevated angle. | GCShutter/Getty Images

Chubb has reiterated its disappointment about a series of takeover offers that were spurned by The Hartford, after fresh disclosure from the Connecticut company today revealed the Evan Greenberg-led insurer was willing to pay $25bn to buy the business.

“We have believed that a consolidation of our two organizations, on terms that recognized The Hartford's fair value, would be financially and strategically compelling for both sets of shareholders,” Chubb said.

It

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