Subject: M&A Page 62 / 69
-
- February 3 2016
Japanese majors complete London acquisitions
Mitsui Sumitomo and Sompo Japan have formally closed deals to acquire Amlin and Canopius.
-
- February 1 2016
Samsung Life buys US$1.27bn Samsung Card stake
The acquisition raises its stake in the credit card business to 71.8%, the two companies said in a disclosure.
-
- January 29 2016
More big M&A deals expected from China and Japan in 2016
Insurers are planning more deals this year on the back of low interest rates and cheap capital.
-
- January 21 2016
Anbang seeks more investment opportunities in NY
After paying nearly US$2bn for the Waldorf Astoria hotel, the group says it has plans for more investments.
-
- January 18 2016
China United Insurance US$1bn Hong Kong IPO rumoured
The state-backed insurer is reportedly planning to raise about US$1bn in the second quarter.
-
- January 15 2016
Dah Sing eyes $1bn price tag for life business
One of Hong Kong’s last remaining independent banks is putting its life business on the block.
-
- January 14 2016
Dah Sing Financial exploring options for life unit
The group has notified the Hong Kong exchange that it is currently exploring options for its life business.
-
- January 13 2016
Fubon Life pays US$267m for stake in China United
The acquisition will give the Taiwanese insurer an opportunity to expand its footprint in China.
-
- January 12 2016
Eight nonlife insurers in the Philippines for sale this year
A new capitalisation requirement is encouraging a wave of consolidation among smaller insurers.
-
- January 11 2016
Bank Rakyat Indonesia cancels sale of insurance arm
State-controlled lender has reportedly scrapped the sale of 40% stake in its life insurance arm.
-
- January 8 2016
Sumitomo Life approved for US$3.8bn Symmetry deal
Approval issued after regulator says deal is not hazardous or prejudicial to the insurance-buying public.
-
- January 8 2016
China’s Macrolink backs out of Clal talks
Deal to buy Israel's second-biggest insurer has fizzled out after the local regulator spooks Macrolink.
-
- January 7 2016
Fitch forecasts growth for Malaysia’s takaful sector
After strong growth in 2015, the momentum will continue thanks to demographics and government support.
-
- January 5 2016
Japanese firms to continue M&A hunt in 2016
The US market will continue to be the focus of acquisitions due to its ability to absorb large sums of cash.
-
- December 31 2015
Korean life firms acquire solar power project in Japan for US$172m
Kyobo Life, Heungkuk Life and Hanwha Life, acquire 41.3MW solar project in Kagoshima
-
- December 30 2015
Deutsche Bank sells Hua Xia Bank stake to Chinese insurer
German lender agrees to sell it's 19.99% stake to China's PICC Property and Casualty Company
-
- December 29 2015
Mitsui Sumitomo raises stake in India JV
Japanese firm increases stake in Cholamandalam MS General Insurance to 40%
-
- December 24 2015
Anbang acquires new shares in China Vanke for US$438m
Chinese insurer increases stake to 7.01% in country's property developer
-
- December 21 2015
Sompo Japan seeks to acquire nursing care firm
Japanese property insurance giant seeks new profit source with acquisition of Message Co.
-
- December 21 2015
Muang Thai Life seeks approval for Cambodia JV
Thai life insurer embarks on its first life-insurance venture outside Thailand and expected to receive approval early next year.
