All M&A articles – Page 65
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News
Protectagroup to float after expansion plan
Welsh broker Protectagroup is set to float on the London Stock Exchange after completing an aggressive acquisition drive which will more than quadruple its size.The personal lines broker intends to proceed with an initial public offering (IPO) by 2011 through a main market flotation, which may include the yet to ...
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News
Swinton extends acquisition drive as profits grow
Personal lines giant Swinton is looking to follow its purchase of commercial broker Vectis Insurance as early as this month, according to its chief executive Patrick Smith.Swinton acquired Isle of Wight-based Vectis last week. "There are a couple we have our eye on and we may be purchasing in the ...
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Online only
SBJ group acquires Comberford trustee training business
SBJ Group has acquired the pension trustee training business of Comberford trustee services.
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Online only
Generali and PPF combine central and eastern Europe businesses
A new agreement will unite all of Generali's and PPF group's insurance assets in the central and eastern European (CEE) region...
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Comments/Letters
Why the rush to market?
Andrew Cave says the time is right for brokers to float on the booming stock market and realise some cash
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News
Snowball to lead Towergate IFA drive
Market surprised by ex-NU chief's move to consolidator giant
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News
IGI to be sold to US firm 'within days'
IGI Group could be sold within days to US insurer Amtrust Group after months of negotiations.According to a source close to the company, the sale could be completed "any time now", as meetings continued this week.If completed, Nasdaq-listed Amtrust, the multinational property and casualty insurer, will be the third company ...
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News
Swedish group buys Pet Partners
Pet broker PetPartners has been acquired by Agria Animal Insurance, Sweden's largest pet insurer. Agria, a mutual insurer with a 62% share of the pet insurance market in Sweden, said the move was the "first step" in its strategy to grow internally. But it said it had no plans to ...
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Comments/Letters
What's AXA's game?
Michael Faulkner says the market is fearful of AXA's undeclared acquisition strategy
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News
Smart & Cook acts to assert freedom
AXA's broking operation will take fresh steps to assert independence after Smart & Cook buy
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C-Zone
Don't fear the consolidator
Brokers have faced threatening market changes for many years and came out stronger, so the arrival of the consolidators should be welcomed. Simon Burgess explains