M&A Deals

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.

Companies | 1 Aug 16

MUFG Investor Services, the global asset servicing group of Tokyo-based Mitsubishi UFJ Financial Group, has agreed to acquire mutual fund administration business Rydex Fund Services from Guggenheim Partners.

Companies | 27 Jul 16

A deal to merge the fund management businesses of Italy’s UniCredit and Spain’s Santander has officially been called off.

Companies | 19 Jul 16

First Names Group has received regulatory approval to acquire trust and corporate services provider Nautilus Trust Company in Jersey, Hong Kong and London.