Mercantile Agencies News
Uk Insurer Rebuffs Qbe Bid
Thursday August 5, 1999
An attempt by QBE Insurance to buy UK insurer Limit for about #500 million ($1.25 billion) has collapsed after the UK company rejected the offer as ``unacceptable". QBE recently approached Limit which owns majority interests in two Lloyd's underwriting agencies in order to undertake due d