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M&A Deals

Allianz sells S. Korean life insurance and investment arms

Asia | 6 Apr 16

Allianz sells S. Korean life insurance and investment arms

Allianz has agreed to sell its South Korean life insurance unit and Allianz Global Investors Korea to China’s Anbang Insurance Group.

RL360° rebrands CMI after acquisition

Companies | 5 Apr 16

RL360° rebrands CMI after acquisition

The RL360° Group has rebranded its recently acquired firm Clerical Medical International Insurance Company (CMI) as RL360° Services, the insurer has announced.

Standard Life’s 1825 buys London-based IFA Baigre Davies

Companies | 5 Apr 16

Standard Life’s 1825 buys London-based IFA Baigre Davies

Standard Life’s 1825 has announced its third acquisition in three weeks after agreeing to buy London-based IFA Baigre Davies – shortly after confirming the purchase of Scottish wealth management advice business Munro Partnership and Norwich-based Almary Green.

Just Retirement merges with rival in £1.4bn deal

Companies | 4 Apr 16

Just Retirement merges with rival in £1.4bn deal

British annuity providers Just Retirement and Partnership Assurance have completed a £1.4bn ($2bn, €1.8bn) merger which saw it relaunch on the London Stock Exchange Monday as JRP Group.

Julius Baer takes majority stake in Italy’s Kairos IM

Companies | 4 Apr 16

Julius Baer takes majority stake in Italy’s Kairos IM

Swiss private banking group Julius Baer has acquired an additional 60.1% stake in Milan-based Kairos Investment Management for €276m (£220.9m, $314.3m), taking its total ownership to 80%.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.