-
The European Commission sets a provisional deadline of 21 December for the review. -
The mooted changes would impact entrepreneurs and private equity business models.
-
A “change of control” clause also gives hosted MGAs the opportunity to find new platforms if they wish.
-
The investor wants the Finnish insurer to build on this week’s sell-down of Nordea Bank shares with further divestments.
-
The exec was speaking after the broker was acquired by Cinven and GIC in a multi-hundred million deal.
-
The transaction brings to an end five years of Willis’ majority ownership of the London market broking house.
-
AIG executives revealed that proceeds from the sale would be used to reduce the carrier’s debt leverage.
-
Thoughts vary on the prospects for a rival bid, but share price sits 4% below the offer price.
-
The offer is a 52% premium to the target’s undisturbed price.
-
The broking chief says he hopes the $80bn fusion is not approved without divestments.
-
The disposal plans are the latest of a string of restructuring measures under the leadership of CEO Kevin Rehnberg.
-
Ariel Re will focus on key lines of business, including cat, retro, marine and professional lines.
