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Zurich Subsidiary to Acquire Bristol West Holdings

Mar 1, 2007 Zurich Financial Services subsidiary Farmers Group has entered into an agreement to acquire 100% of the equity of US-based non-standard automotive insurer Bristol West Holdings.As part of the takeover, Farmers Group (FGI) will immediately sell the underlying insurance business to the Farmers Exchanges, which FGI manages but does not own.Under the terms of the agreements, the holders of BRW common stock have been offered $22.50 per share in cash for their shares.....

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