Posts tagged: AXA
Monday, 26 November 2018, 9:54 pm
The owner of Aston Lark is preparing to appoint advisers to work on a sale of one of Britain's largest independent insurance brokers.
City sources said Bowmark Capital, the private equity firm that owns Aston Lark, has been quietly carrying out a beauty parade of investment bankers with a view to appointing a firm to run a sale of the business in early 2019.
Industry sources said they thought Aston Lark could be sold for between £300 million and £350 million...
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Monday, 30 January 2017, 8:03 am
Hat tip to hacks over at German newspaper Handelsblatt, which this weekend ran the scoop about Allianz's takeover talks with QBE. Here is the link:
https://global.handelsblatt.com/finance/allianz-in-talks-to-buy-australian-insurer-qbe-692714..
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Thursday, 26 January 2017, 5:44 pm
Perhaps the FT's Axa / Generali merger rumours were just a load of hot air after all?
Yesterday, Reuters reported that Axa's CEO is "not interested in Generali" although if you read the story carefully the chief executive doesn't quite say what the headline claims.
Anyway, I will let readers decide what they think by providing a link to the Reuters piece below:..
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Wednesday, 25 January 2017, 10:03 am
It would appear the venerable Financial Times was barking up roughly the right tree when it aired the rumours about Italian insurance company Generali merging with a rival, possibly French company Axa, earlier this month. In case you don't recall here is the link:
https://www.www.betaville.co.uk/news/ft-airs-axa-and-generali-merger-rumours/..
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Tuesday, 3 January 2017, 8:59 pm
Here is something to liven up a cold January evening. Tucked away at the back of an FT analysis on dealmaking in the insurance industry is a rather intriguing line about how "rumours circulated through last year that two of the big European insurers - Axa and Generali - would try to get together".
That's the first time I have heard of that rumour for a while but perhaps Oliver Ralph, the insurance industry hack at the Financial Times, is/was more plugged in than me...
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