M&A Deals
Zurich Insurance scraps RSA takeover plans
Zurich Insurance has abandoned plans to buy RSA Insurance Group after making a £5.6bn bid for the rival company last month.
RSA to sell Latin American arm for £403m
UK-headquartered RSA Insurance Group is to trade-in its businesses in Latin America for £403m as the firm continues the sell-off of its non-core operations.
Eilan agrees deal to buy SFM Europe
Global corporate services provider Elian has agreed terms to purchase SFM Europe in a deal that will see more than €1trn of assets under administration added to its books.
Canada Life Int’l: Life after L&G deal
On 1 July 2015, Canada Life completed its acquisition of Legal & General International Ireland (LGII), Sean Christian, the company’s executive director – offshore and managing director of Canada Life International – talks about the background to the deal and the opportunities it brings.
Friends Life and Aviva merger probed by FCA
The Financial Conduct Authority is investigating unusual increases in share price prior to Aviva’s merger with Friends Life, according to reports.