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MAPFRE to acquire Commerce Group in 2.2 billion dollars deal

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MAP20071509079
Jones, Marc
MAPFRE to acquire Commerce Group in 2.2 billion dollars deal / Marc Jones
Spanish insurer MAPFRE has bought up Massachusetts-based insurer Commerce Group for 2.21billion dollars. Describing it as "the largest investment in the history of the group", MAPFRE said that it intented to forld Commerce, the largest writer of private-passenger automobile insurance in Massachusetts, into its U.S. operations, giving it a key boost in the U.S. market
En: Best's review. - Oldwick, New Jersey. - December 2007 ; [1] p.
1. INERCO . 2. Commerce Group . 3. Mercado de seguros . 4. Adquisición de empresas . 5. Empresas de seguros . 6. Estados Unidos . I. Título. II. Título: Best's review.