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IFCZF vs. ETF Alternatives
Wednesday, Jun 12011, 6:02 AMIntact Financial Corp. (IFCZF.PK), Canada’s largest property and casualty insurer, said yesterday it will buy Axa's (AXAHY.PK) Canadian business for C$2.6B ($2.7B). The deal will boost Intact's premiums in Canada by almost 50%, and generate an internal rate of return of 20%. |Wednesday, Jun 12011, 6:02 AM| Comment!