Zurich Said to Arrange $8.4 Billion Bank Financing for RSA BidBy
Swiss insurer said to line up at least six banks for funding
Zurich is still conducting due diligence on British company
Zurich Insurance Group AG has arranged 5.5 billion pounds ($8.4 billion) in financing for the takeover of smaller rival RSA Insurance Group Plc, according to people with knowledge of the plan, signaling the Swiss insurer is getting closer to proceeding with a formal offer.
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