M&A Deals

Companies | 30 Aug 16

Channel Islands-based financial services group PraxisIFM has acquired fiduciary and accounting company Balmor Management, as the firm looks to grow its presence in the Middle East.

Companies | 24 Aug 16

Having Old Mutual as its parent provides London-headquartered discretionary fund manager Quilter Cheviot with a great deal of opportunity, said chief executive David Loudon, particularly when it comes to acquisitions.

Companies | 11 Aug 16

Legal & General Group has sold its investment platform Cofunds to Dutch insurer Aegon.

Companies | 9 Aug 16

Old Mutual Wealth has agreed to sell its Italian business to European private equity firm Cinven for €278m (£236m, $308m).

Life | 4 Aug 16

US insurance giant MetLife reported a drop in net income of 94% to $64m (£48m, €57m) for the second quarter after bringing forward an annual review of its variable annuities business as it looks to offload a substantial part of its US retail business.