Industry Segments: M&A Page 27 / 65
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- August 19 2020
Steadfast confirms majority purchase of GSA Insurance Brokers
Chief executive Robert Kelly is bullish on Australia's broking prospects.
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- August 19 2020
China Life denies merger rumour after share moves
Unusual price movement led to an announcement under the rules of the Shanghai Stock Exchange.
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- August 18 2020
Axa’s streamlined Asia strategy could see disposals
Sales in Singapore, India and Malaysia would raise cash and simplify its footprint amid Covid losses.
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- August 12 2020
Prudential Financial agrees Taiwan life sale
The move comes after the US player exited South Korea in April for US$1.9bn.
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- August 12 2020
Prudential begins US divestment, focuses on Asia
Group CEO Mike Wells said the group wants to concentrate on Asia and Africa.
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- August 11 2020
Axa considering Singapore sale: report
The French giant is understood to be looking to raise funds.
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- August 10 2020
Sirius to combine with Third Point Re
The two firms will change name to SiriusPoint and control US$2.5bn of GWP, including in Asia.
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- August 7 2020
Aviva signals Asia exit (again)
China and Singapore units should attract bids as new CEO Amanda Blanc looks to refocus.
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- August 6 2020
MPHB Capital looks to divest MPI Generali stake
Generali Asia could become the majority shareholder in the Malaysia P&C player.
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- July 31 2020
India’s Bharti Axa and ICICI Lombard may merge: report
Bharti, the Indian conglomerate, has been looking to offload its insurance arms for some time.
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- July 28 2020
Gallagher snaps up another Brisbane broker
It is the broking giant's second deal in Queensland in under two months.
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- July 21 2020
Aviva wraps up US$324m Friends Provident deal
The deal has been pared down, and was originally expected to complete in 2018.
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- July 16 2020
Taiwan’s Cathay Life to take majority stake in Indonesian bank
The Taiwanese insurer sticks to its strategy.
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- July 14 2020
India scraps public-sector merger
Government cites “current scenario” as it opts for US$1.3bn capital infusion.
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- July 13 2020
Tahoe Group exploring sale of Tahoe Life: report
A sale for the troubled Chinese conglomerate could raise US$1bn.
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- July 8 2020
QBE exits India as Paytm’s founder taps market
Vijay Shekha Sharma's purchase of QBE Raheja has seen another Australian insurer depart.
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- July 7 2020
India’s Paytm to acquire Raheja QBE in “all-cash deal”
India's payments giant makes a serious move into insurance.
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- July 3 2020
MetLife commits to Asia as HK sale to FWD completes
The US giant will concentrate on China, Japan and South Korea.
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- June 24 2020
AMP Life sale to Resolution finally approved by RBNZ
The US$3.3bn deal is poised to go ahead and allow AMP to exit the life business.
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- June 24 2020
Singapore takes stake in India’s ICICI Pru Life
The deal for the life JV is worth around US$111m.
