Articles by Ruth David and David Hellier

UK’s GoCompare.com Attracts Interest From KKR, Other Private Equity Firms

GoCompare.com Group Plc attracted takeover interest from potential acquirers, including private equity firm KKR & Co., in recent weeks, according to people familiar with the matter. The U.K. insurance comparison company and its board decided to stay independent after holding …

What’s Next for Major Blockchain Firm R3? IPO or Sale?

R3, a blockchain-software company that works with more than 200 heavyweights such as Intel Corp., Microsoft Corp., US Bancorp and Wells Fargo & Co., is considering going public, according to people familiar with the matter. The company is speaking with …

Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL

A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as deal-hungry Chief Executive Officer Oliver Baete …

SoftBank Talks Over Buying Stake in Swiss Re Stalled: Bloomberg

Talks between billionaire Masayoshi Son’s SoftBank Group Corp. and Swiss Re AG about buying a stake in the world’s second-biggest reinsurer have come to a standstill, people familiar with the matter said. The two sides disagree on the price and …

SoftBank Borrows $8B, Backed by Its Stake in Alibaba, Say Sources

SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as the Japanese technology giant aims to bolster its financial flexibility, according to people familiar with the matter. The loan, guaranteed …

XL Group Attracts Interest from Allianz, Other Rivals as Potential Buyers

Bermuda-based insurer XL Group Ltd. is attracting interest from rivals including Allianz SE of Germany, according to people with knowledge of the matter. Interest from insurers in potentially acquiring XL, which had a market value of almost $10 billion at …

Update: UK Boards Begin to Use Their Clout to Push for Diversity & Inclusion

When the co-founder of a London communications group was invited to pitch for business with a Wall Street firm last November, the offer came with an unusual demand. The document explained that 15 percent of the scorecard for the pitch …

Dutch Insurer Aegon Eyes Acquisitions Such as Smaller Competitor ASR

Aegon NV, the Dutch insurer that generates most of its business from the U.S., is scouting for acquisitions and has looked at companies including smaller rival ASR Nederland NV amid consolidation in the domestic market, according to people familiar with …

Axa Eyes Options for European Asset Management Unit

French insurer Axa SA is reviewing options for its European asset management unit amid consolidation in the sector, according to people familiar with the matter. Axa is considering a merger or joint venture for the business, the people said, asking …

Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources

Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in the French trade-credit insurer, according to people familiar with the matter. Euler Hermes stock gained the most in more than …