M&A Deal Summary |
|
|---|---|
| Date | 2015-02-24 |
| Target | QBE Insurance - Workers Compensation Business |
| Sector | Insurance |
| Buyer(s) | Werthein Group |
| Sellers(s) | QBE |
| Deal Type | Divestiture |
| Deal Value | 95M USD |
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Werthein Group, through its subsidiaries, is engaged in the agricultural and financial sector. Company produces grains, fruits, and bovine meat. It also provides various insurance products, retirement insurance and life insurance products.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Argentina) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
QBE is a general insurance and reinsurance companies, with operations in all the key insurance markets.The company underwrites commercial and personal lines classes of business through operations in 45 countries. QBE was founded in 1886 and is based in Sydney, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Insurance) | 5 of 5 |
| Type (Divestiture) | 5 of 5 |
| Country (Argentina) | 1 of 1 |
| Year (2015) | 4 of 4 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-16 |
CHU Underwriting Agencies Pty
Milsons Point, Australia CHU Underwriting Agencies is a provider of underwriting residential, commercial, and community title strata insurance schemes. |
Sell | - |
