Slaughter and May is advising RSA - possible all cash offer by Zurich

Slaughter and May is advising RSA Insurance Group plc (RSA) on a possible all cash offer received from Zurich Insurance Group (Zurich) at 550 pence per ordinary share. In addition, under the terms of the proposal, RSA shareholders retain the right to receive the 3.5 pence interim dividend announced by RSA on 6 August 2015. The possible offer is conditional on, among other things, due diligence and the recommendation of the RSA Board and values RSA at approximately £5.6 billion.