Swiss Reinsurance Company of Zurich has agreed to acquire Fox-Pitt, Kelton Group, a London-based investment bank, in a stock transaction.

Fox-Pitt, Kelton is to operate as an independent subsidiary after the merger, which is expected to close in early 1999 upon regulatory approval.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.