Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line December 6, 2024 By Pamela Barbaglia, Dinesh Nair, Aaron Kirchfeld and Leonard Kehnscherper Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a...
Private Equity Firm Centerbridge Weighs Exit Options for £3 Billion Canopius at Lloyd’s July 29, 2024 By Swetha Gopinath and Dinesh Nair A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius...
UK Plc Attracts Wave of Takeover Offers From Foreign Suitors March 1, 2024 By Alexandra Muller and Dinesh Nair The UK has become a hotbed for mergers and acquisitions this year as dealmakers hunt for bargains in the country’s...
Generali Weighs Deal With U.S. Asset Manager Guggenheim Partners October 3, 2022 By Sonia Sirletti , Tommaso Ebhardt, Sonali Basak and Dinesh Nair Assicurazioni Generali SpA is exploring a deal with US investment firm Guggenheim Partners to bolster its asset management business, according...
UK Home Insurer Policy Expert Considers £1 Billion Sale June 28, 2022 By Dinesh Nair UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2...
Digital Insurer Startup Wefox Seeks Funding at Over $5 Billion Value June 22, 2022 By Katie Roof, Dinesh Nair and Ivan Levingston Wefox, the German digital insurer, is in advanced discussions to raise fresh funding at a valuation of $5 billion to...
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm February 16, 2022 By William Mathis, Dinesh Nair and Francois de Beaupuy Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to...
BE Group Takes Fresh Look at Buying $10 Billion Insurer Ageas December 7, 2021 By Jan-Henrik Förster, Dinesh Nair and Ed Hammond BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of...
Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion March 19, 2021 By Katherine Chiglinsky, Ed Hammond and Dinesh Nair Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about...
Finland’s Sampo Oyj Explores Cash Offer of UK Insurer Hastings July 30, 2020 By Aaron Kirchfeld, Dinesh Nair, Jan-Henrik Förster and Ruth David Finnish insurance group Sampo Oyj is exploring an entry into the UK market with a potential bid for general insurer...