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INSURANCE TAKEOVER
Japan's Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reportsTokio Marine, a leading Japanese insurer, has set its sights on Suncorp for a potential takeover, among other competitors like Insurance Au...
The anatomy of corporate controlIn a major change to India’s corporate governance, the regulatory framework is set to redefine "control" with reference to the business and...
CBIZ Sold for $5 Billion: Grant Thornton mega deal creates fifth-largest US accounting services firmGrant Thornton Advisors is acquiring CBIZ for five billion dollars. This significant transaction will create the nation's fifth-largest pro...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevate...
Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
Special delivery: Italy's postman joins the AI infrastructure racePoste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the lo...
Persistent Systems to acquire Nagarro; combined entity to generate $2.9 billion in annualised revenueIndian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro S...
Mumbai Police files charge sheet against ex-Religare chair Rashmi Saluja, 3 others in ESOP caseMumbai Police's EOW filed a charge sheet against Rashmi Saluja and three others, alleging irregularities in Care Health Insurance's ESOP al...
Aviva set to buy Direct Line to create $21 billion British insurerDirect Line is poised to recommend a sweetened £3.61 billion takeover bid from Aviva, valuing the company at 275 pence per share. If accept...
Sebi reconstitutes Takeover PanelThe panel, chaired by N K Sodhi, the former chief justice of the high courts of Karnataka and Kerala, makes its recommendations to Sebi on ...
Axa agrees to buy US insurer XL Group for $15.3 billionAxa fell as much as 10 per cent to 22.55 euros, the lowest in a year.
Insurers increase bets on state-run banks, energy companiesIn the next few years, public sector banks are expected to clock high earnings growth, which would enhance their asset quality.
Government likely to cap LIC exposure in a listed company at 25%Irda had raised objection to granting an exemption to LIC as it discriminates its private sector peers, whose stock holding is capped lower.
- EU clears MetLife takeover of AIG unit
US life insurance giant MetLife won clearance from European Union regulators on Tuesday to acquire a unit of American International Group f...
- Aviva rejects 5 bn pound takeover bid for insurance biz: Report
British insurer Aviva Plc has rejected a five billion pound takeover offer for its general insurance business from rival RSA Insurance Grou...
- Prudential chairman defends AIA mega-deal
Prudential chairman Harvey McGrath Tuesday defended a planned takeover of Asian insurer AIA as the British company's shares started trading...
- SBI not to allow global M&As affect non-life JV
State Bank of India will take measures to ensure that its proposed non-life joint venture is not adversely affected by international M&As.
- Daimler CEO open to takeover-led growth
Daimler could use takeovers to strengthen its position in areas including trucks, environment technology, and car services and insurance, c...
- Takeover interest revives in Lloyds’ insurance arm
UK bank Lloyds faces renewed interest in its Scottish Widows insurance arm, with bidders potentially flushed out after two European insurer...
- M&A insurance gets a shot in the arm
The tussle between Jet and Sahara may help international insurance brokers who have been trying to market yet another exotic insurance cove...