Stocks in Action USA: W.R. Berkley, Argan, and Braze.
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Mitsui Sumitomo Invests in W.R. Berkley (WRB): Insurance Giant Plans Billion-Dollar Investment! The Japanese insurance company Mitsui Sumitomo Insurance plans to acquire a 15% stake in the US insurance holding company W.R. Berkley . The company announced this on March 28. The investment will be made through purchases on the open market or private transactions with third parties. The founding Berkley family, which holds a significant stake in the company, will not sell their own shares. W.R. Berkley emphasized that Mitsui Sumitomo is required...
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