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United Kingdom

Legal & General Group PLC (LGEN.L)

LGEN.L on London Stock Exchange

246.20GBp
19 Nov 2018
Change (% chg)

2.40 (+0.98%)
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243.80
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Mon, Oct 8 2018

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Legal & General strikes 2.4 billion pounds pension de-risking deal

LONDON Legal & General said on Monday it had agreed a deal to insure 2.4 billion pounds in pension risk with the Nortel Networks UK Pension Plan, adding its deal pipeline was at a record high.

UPDATE 1-Legal & General strikes 2.4 bln stg pension de-risking deal

* L&G global pipeline for deals at record high (Adds detail from statement, bullet points)

Legal & General strikes 2.4 bln stg pension de-risking deal

LONDON, Oct 8 British insurer Legal & General said on Monday it had agreed a deal to insure 2.4 billion pounds ($3.14 billion) in pension risk with the Nortel Networks UK Pension Plan.

BRIEF-Legal & General, Bruntwood in science, technology property deal

* SAYS UK'S LARGEST SCIENCE AND TECHNOLOGY PROPERTY PARTNERSHIP FORMED BETWEEN LEGAL & GENERAL AND BRUNTWOOD

L&G closes $5.7 billion British Airways pension deal

LONDON Britain's Legal & General (L&G) has closed a deal to insure 4.4 billion pounds ($5.73 billion) of British Airways' historic pensions liabilities, the insurer said on Thursday.

L&G closes $5.7 billion British Airways pension deal

LONDON Britain's Legal & General (L&G) has closed a deal to insure 4.4 billion pounds ($5.73 billion) of British Airways' historic pensions liabilities, the insurer said on Thursday.

UPDATE 2-L&G closes $5.7 bln British Airways pension deal

* L&G to insure $5.7 bln of British Airways' pension liabilities

L&G closes $5.7 billion buy-in with British Airways' pension scheme

LONDON, Sept 13 British insurer Legal and General said on Thursday that it had closed a deal to insure 4.4 billion pounds ($5.73 billion) of British Airways' historic pensions liabilities.

L&G first-half operating profit up seven percent, eyes strong second half

LONDON Insurer Legal & General said first-half operating profit rose 7 percent, buoyed by gains across all units except weather-hit general insurance, and it expected to end the year even more strongly.

UPDATE 2-L&G first-half operating profit up 7 pct, eyes strong H2

* Sees strong H2 driven by bulk annuities (Adds detail from statement, CEO quote, analyst quote, shares, background)

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