10:31 AM EST - Intact Financial Corporation : Announced today that, together with Tryg A/S it has reached an agreement with RSA on the terms of a recommended all-cash acquisition for the entire issued and to be issued share capital of RSA at a price of 685 pence per common share, representing a total consideration of approximately £7.2 billion ($12.3 billion). Intact will pay $5.1 billion (£3.0 billion) of the total consideration payable and Tryg will pay $7.2 billion (£4.2 billion). In addition to the cash consideration payable, RSA shareholders will also be entitled to the previously announced but unpaid interim dividend of 8 pence per share. Intact Financial Corporation
shares T.IFC are trading down $0.24 at $146.60.