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Jul 8, 2020 · Allstate Corporation, the largest publicly held personal lines property and casualty insurer in America, has announced the acquisition of National General Holdings Corp for approximately $4 billion...
As of September 2024 National General Holdings has a market cap of C$5.26 Billion. This makes National General Holdings the world's 3108th most valuable company according to our data. companies: 9,543 total market cap: C$144.887 T
Information on acquisition, funding, investors, and executives for National General. Use the PitchBook Platform to explore the full profile.
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Jul 8, 2020 · National General’s shareholders will receive $32 per share in cash and closing dividends of $2.50 per share for each share held. This would imply a total deal value of $3.92 billion and a...
Jan 4, 2021 · Under the deal agreed upon in July 2020, Allstate paid $34.50 per share, or about $4 billion in cash, to acquire National General. The acquisition will help Allstate grow its personal lines insurance business, with an increase of 1 percentage point in market share, Allstate CEO Tom Wilson said.
The acquisition will see National General shareholders receive $32.00 per share in cash from Allstate, plus closing dividends expected to be $2.50 per share, providing $34.50 in total value per share.
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Industry: Insurance: Property and Casualty (Stock) CEO: Barry Karfunkel. Website: https://www.nationalgeneral.com. Ticker: Company type: Private. Revenues ($M): $5,180. Profits ($M): $348.
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