Munich Re is buying cyber-insurer At-Bay for $575mn, half its 2021 price
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Munich Re has agreed to buy At-Bay, a cyber-insurance startup, for $575mn.
The deal values the company at less than half what it was worth in 2021.
The German insurance group announced the acquisition on Wednesday, in a statement.
The price is a reset.
At-Bay was valued at $1.35bn in its last funding round in […]
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