M&A Deals
Aviva agrees to buy Direct Line in £3.6bn deal – industry reaction
The deal sees 129.7 pence per Direct Line share in cash
BlackRock to acquire HPS Investment Partners for $12bn
The deal creates an integrated private credit franchise with $220bn in client assets
Zurich acquires AIG’s global personal travel business for $600m
The deal sees Zurich become a ‘leading global travel insurer’ serving more than 20 million customers
Swedish wealth manager Söderberg & Partners takes stakes in trio of IFA firms
It has stakes in over 20 UK adviser businesses to date
Skerritts Group rebrands as Shackleton, buys four adviser firms
It has been named after the British explorer Sir Ernest Shackleton