Aspen Insurance Holdings (AHL) is in discussions to be acquired by Sompo, Insurance Insider reported Tuesday, citing sources.
The companies have held detailed discussions with a clear path to an agreement, the unnamed sources told the news outlet.
Aspen Insurance shares were up 3.6% in recent premarket activity Wednesday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)