All M&A articles – Page 70
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MMC's Putnam sale fails to shake negative outlook
Moody's confirms that MMC's rating outlook remains on negative...
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News
Provident price tag scares off suitors
Under-performing motor specialist put up for sale for £230m
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Comments/Letters
Flashing the cash
Elliot Lane says the inflated prices being paid for brokers will deliver the customers, but won't guarantee performance
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Quinn Group buys BUPA Ireland
Sean Quinn says BUPA deal will provide an opportunity for "real competition in the Irish health insurance market"...
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Comments/Letters
AXA is taking control of its destiny
Grant Ellis says the gathering pace of insurers buying brokers is simply a move to protect revenue
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MMC sells Putnam for $3.9bn
Marsh & McLennan has today confirmed the sale of Putnam Investments to Great-West Lifeco for $3.9bn in cash. Putnam, which is one of the largest investment management firms in the US, had some $192bn under management at the end of 2006.Michael Cherkasky, president and chief executive officer, described the transaction ...
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News Analysis
Raiding the front line
Insurers have surprised the market recently by buying some big intermediaries, and there are signs of further upheaval. Katy Dowell reports
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News
AXA cools rumours of Provident bid
Insurer sees no need to buy motor specialist citing organic growth of 40%
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Comments/Letters
Aviva succession is shaping up for a good scrap
Christine Seib says Richard Harvey's departure announcement has cranked up press speculation about the insurer's new top team
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News Analysis
An appetite for acquisition
With 2006 seeing much merger activity in the Lloyd's sector Tom Gifford questions whether the deal heat will continue into 2007
