Republic Companies Group.Property/casualty insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. REPUBLIC COMPANIES GROUP has completed its merger with Delek Capital, a subsidiary of Israeli conglomerate conglomerate, in business conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company. Delek Group Delek Group is one of the largest Israeli companies. Delek Group is involved in the energy and infrastructure, real estate, insurance and financial services and automotive sectors. . Under the agreement, shareholders of Republic will receive $20.40 in cash for each share of common stock, for a total of about $290 million. |
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