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United Kingdom

Pamela Barbaglia

Ageas and Helvetia in final race for Spanish insurer Caser: sources

12 Dec 2019

LONDON/MADRID Belgian insurer Ageas and Swiss rival Helvetia have advanced to the final stages of an auction for Spain's Caser Seguros that values the 77-year old insurer at about 1 billion euros, sources told Reuters.

Bain Capital nears deal for Italian IT services firm Engineering: sources

10 Dec 2019

LONDON/MILAN Bain Capital is close to finalizing a deal for a stake in IT services provider Engineering Ingegneria Informatica that would see the U.S. investor share ownership of one of Italy's biggest technology companies, sources told Reuters.

Amigo CEO and chairman say 'adios' as founder makes boardroom comeback

09 Dec 2019

LONDON Amigo's chief executive and chairman abruptly announced plans to step down on Monday, just as the British subprime lender's founder said he was returning to its board.

Moncler plays down possible Kering tie-up amid luxury merger wave

05 Dec 2019

PARIS/MILAN The chief executive and top shareholder of puffer jacket maker Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.

Generali's MetLife gambit hits price snag - sources

03 Dec 2019

LONDON Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters.

UniCredit offers investors $2.2 billion buyback as staff face further cuts

03 Dec 2019

MILAN/LONDON UniCredit promised 8 billion euros (£6.87 billion) in dividends and share buybacks on Tuesday in a bid to revive its sickly share price, although profit at Italy's top bank will barely grow despite plans to shed 9% of its staff.

Swiss exchange operator SIX adds Spanish banks to court BME -sources

29 Nov 2019

MADRID/LONDON, Nov 29 Swiss stock market operator SIX has started working with Spain's biggest banks as it begins its charm offensive to convince local regulators of the merits of its 2.84 billion euro ($3.13 billion) bid for Spanish bourse BME, three sources told Reuters.

Four insurers battle for Spanish market share with Caser takeover: sources

29 Nov 2019

LONDON/MADRID The Netherlands' biggest insurer NN Group NV and Belgian rival Ageas are vying to win market share in Spain as they prepare final offers to take control of domestic insurer Caser Seguros ahead of a Dec. 3 bid deadline, sources said.

Four insurers battle for Spanish market share with Caser takeover - sources

29 Nov 2019

LONDON/MADRID The Netherlands' biggest insurer NN Group NV and Belgian rival Ageas are vying to win market share in Spain as they prepare final offers to take control of domestic insurer Caser Seguros ahead of a Dec. 3 bid deadline, sources said.

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