May 27 (Reuters) - Travelers Companies Inc ( TRV ):
* TRAVELERS TO SELL ITS CANADIAN PERSONAL INSURANCE BUSINESS
AND
MAJORITY OF ITS CANADIAN COMMERCIAL INSURANCE BUSINESS TO
DEFINITY FOR US$2.4 BILLION
* TRAVELERS COMPANIES INC ( TRV ) - TO SELL CANADIAN INSURANCE
BUSINESS TO
DEFINITY FOR $2.4 BILLION
* TRAVELERS COMPANIES INC ( TRV ) - TO RETAIN CANADIAN SURETY
BUSINESS
* TRAVELERS COMPANIES INC ( TRV ) - DEAL EXPECTED TO BE SLIGHTLY
ACCRETIVE
TO EPS
* TRAVELERS COMPANIES ( TRV ) - TO USE $0.7 BILLION OF CASH PROCEEDS
OF
DEAL FOR ADDITIONAL SHARE REPURCHASES IN 2026
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