Bermuda-based global diversified insurance and reinsurance holding company Tower Group International (TWGP) has terminated its agreement to acquire American Safety Reinsurance (ASRe), from Fairfax Financial. Without disclosing reasons for ...
Tags: Tower Group, diversified insurance
Asia Packaging Group has announced the acquisition of land use right and buildings for Yuanxing Packaging manufacturing operations in Fujian Province, China. The company entered into a land acquisition agreement during the fourth quarter ...
Tags: Asia Packaging, Yuanxing Packaging
ROAL Electronics SpA and Efore Plc, a company based in Finland and listed in NASDAQ OMX HELSINKI, announced that the companies have entered into a definitive agreement for Efore to acquire ROAL Electronics. The transaction has been closed ...
Dialog Semiconductor Plc (FWB: DLG), a provider of highly integrated power management, audio and short-range wireless technologies, is pleased to announce that it has entered into an agreement to acquire iWatt Inc. ("iWatt"), a leading ...
Specialty metal and chemical products firm 5N Plus Inc of Montreal, Quebec, Canada has entered into a full and final settlement agreement with Florinvest SA, Heresford Ltd, Metals Corp SCRL and S.R.I.W. SA, which are all former shareholders ...
Tags: Electrical, Electronics
A consortium led by Italian gas network company Snam and including the GIC fund and France's EDF has signed an agreement with Total to buy its TIGF networks and storage business in southwest France, the consortium said in a joint statement ...
IGI Group, a wholly owned subsidiary of global insurance holding company AmTrust Financial Services, has purchased Car Care Plan (Holdings) (CCPH) from Ally Insurance Holdings, in a deal valued at nearly $70m. Commenting on the ...
Tags: IGI Group, global insurance, AmTrust Financial Services, CCPH
Presidential Life has received stockholders approval for merger with Athene Annuity & Life Assurance Company, which is a retail fixed and index annuity sales and reinsurance provider. Athene had inked an acquisition agreement with ...
Tags: Presidential Life, Service, Athene Annuity
Enterprise cloud computing company Salesforce.com said Monday it has entered into a definitive agreement to acquire Canadian shared-browsing technology startup GoInstant. The acquisition will add to a string of purchases by Salesforce.com ...
Canadian Broker Network (CBN) has signed an agreement to acquire Intact Financial's affiliate South Western Insurance Group Limited. Terms of the transaction were undisclosed and is likely to close by the end of the year. Canadian ...
Tags: insurance group, acquisition agreement, brokerage industry
Presidential Life Corporation, an affiliate of the American Financial Group has acquired Great American Life Assurance (GALAC) for $7.04m in cash. Great American Life Assurance's $5.6m in statutory capital and surplus, comprises of cash, ...
Tags: Presidential Life Corporation, insurance company, life insurance
Generali, an Italian underwriter has inked a deal with Eliahu Insurance to dispose its 69.13% controlling stake in Migdal Insurance and Financial Holdings for €705m, which is 16% down compared to a price of €835m settled in March ...
Tags: Generali, insurance, acquisition agreement, Solvency
Insurance brokerage and risk management firm Marsh & McLennan Agency (MMA) has purchased South Carolina-based property/casualty and employee benefits agency Rosenfeld Einstein for an undisclosed sum. The takeover of the agency enhances ...
Tags: acquisition, Marsh and McLennan Agency, Rosenfeld Einstein
Maryland-based Coventry Health Care has announced receipt of approval from its stockholders for the proposed acquisition by Connecticut-based Aetna. Aetna had inked an acquisition agreement with Coventry in August 2012. The company is ...
Tags: Coventry Health Care, Aetna
Phototron Holdings, Inc. (OTCBB: PHOT), the Los Angeles hydroponic grow box company leading the “grow your own” revolution, today announced that it has signed a letter of intent (LOI) to acquire SG Technologies Corp., a leading ...
Tags: Phototron Holdings