ACE Acquires Personal Lines Insurer ABA Seguros in Mexico
May 02, 2013 at 16:09 PM EDT
ACE Limited (NYSE: ACE ) announced today that it has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by the seller. With more than 50 years of experience in the