British insurer Legal & General has agreed to purchase a 46.5% equity stake in CALA Group (CALA), from Lloyds Banking, in a deal valued at nearly 210m. Based on the term of the agreement, the underwriter will acquire the stake as an equal ...
Tags: insurer Legal, Legal&General, CALA Group
Fever-Tree, a UK-based producer of tonic water and mixer brands, has sold its 49% stake to private equity group Lloyds Development Capital (LDC) for £48m to drive growth in countries all across the world with emphasis on Spain, the UK ...
Tags: Fever Tree trades, Fever Tree, stake
HIGH POINT --- Case goods manufacturer Sunny Designs has acquired the Market on Green showroom building downtown in hopes of eventually growing its presence here. Company President Sunny Hwang set up a separate entity called Cornerstone ...
Tags: High Point, Green Building, furniture
Property and casualty underwriter ACE Group has started underwriting energy risks through Syndicate 2488 at Lloyd’s of London in an effort to expand its global portfolio. The initiative represents the company's commitment to boost ...
Tags: ACE Group, energy risks, Lloyd
The Co-operative Bank could write-down up to £200m of IT investments if it finalises a proposed acquisition of 632 Lloyds Banking Group (LBG) branches. The Co-op Bank's annual profits could be impacted significantly if its ...
LONDON, ENGLAND, January 13, 2013 /24-7PressRelease/ -- As part of its commitment to continually improving the quality and security of the data it works with, the GeoPlace management team is dedicated to maintaining the organisation's ...
Tags: data security, GeoPlace management, data quality, data management
Business Standard reported that the Mr Miglani family, joint owner with ArcelorMittal of Uttam Galva Steels, has completed the acquisition of Lloyds Steel by reconstituting its board. The company is now in talks with private equity ...
Tags: Mr Miglani family, ArcelorMittal of Uttam Galva Steels, acquisition
Economic Times reported that the income tax department carried out a survey last week on two Mumbai based steel companies,after a tip off that these companies have not been offering their full income for taxation. An I-T source said that ...
Tags: ITD, Uttam Galva, Lloyds Steel, Economic Times, Mumbai
The Warranty Group, a single-source provider of extended warranties and related programs, has made a significant equity investment in National Underwriting Agencies (NUA). Headquartered in Brisbane, Australia, NUA is a long standing ...
Tags: Warranty Group, equity investment, NUA, warranties
The UK is missing out on huge social and economic benefits,according to Go ON UK,as the charity reveals that there are an estimated 16 million people who are lacking basis online and skills. A report from Booz&Company,in conjunction with ...
Tags: Go ON UK, basic online skills
Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...
Tags: Lloyds Steel, Economic
Government may appoint 200 digital managers to work across Whitehall departments,as part of its transition to transactional digital services,Computer Weekly has learned. According to a presentation by Government Digital ...
When Andy Haywood says he is extremely busy, it is probably not an exaggeration. Eight months after joining the Co-operative Business Group (CBG) as group chief information officer (CIO), he is leading a full-scale IT transformation ...
Tags: Andy Haywood, Co-operative Business Group, chief information officer
The Co-operative bank has agreed to buy 632 Lloyds TSB and Cheltenham and Gloucester branches along with the millions of customers attached to them. The takeover will see the Co-operative eventually use a separated version of Lloyds ...
Tags: Lloyds Banking Groupp, IT platform, IT service, company news
The facility, initially planned for an amount of Euro 1 billion, was significantly oversubscribed with bank commitments reaching in excess of Euro 2.2 billion. This enabled Saint-Gobain to increase the size of the facility to Euro 1.5 ...
Tags: credit facility, construction markets, building materials