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TWGP Has Terminated Its Agreement to Acquire American Safety Reinsurance
Aug 22, 2013Bermuda-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
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Asia Packaging Group Has Announced The Acquisition of Land Use Right
Jul 26, 2013Asia 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
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ROAL Electronics SpA And Efore Plc Have Entered Into a Definitive Agreement
Jul 25, 2013ROAL 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 ...
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Dialog Semiconductor Plc Has Entered Into an Agreement
Jul 3, 2013Dialog 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 ...
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5N Plus Entered Into a Full and Final Settlement Agreement with Florinvest SA
Jul 3, 2013Specialty 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
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Consortium Has Signed an Agreement with Total to Buy TIGF Networks and Storage Business
Apr 9, 2013A 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 ...
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AmTrust's Group Purchased CCPH From Ally Insurance Holdings,in a Deal Valued at $70m
Mar 4, 2013IGI 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
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Presidential Life Has Received Stockholders Approval for Merger with Athene Annuity
Dec 25, 2012Presidential 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
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Salesforce.com Has Entered Into a Definitive Agreement to Acquire Startup Goinstant
Dec 17, 2012Enterprise 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 ...
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CBN Signed an Agreement to Acquire Intact Financial's Affiliate South Western Insurance
Dec 10, 2012Canadian 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
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Presidential Life Corporation Acquired GALAC for $7.04m in Cash
Dec 7, 2012Presidential 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
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Generali Would Dispose Its 69.13% Controlling Stake in Migdal Insurance
Dec 4, 2012Generali, 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
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MMA Has Purchased South Carolina-Based Property/Casualty
Nov 30, 2012Insurance 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
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Coventry Health Care Has Announced Receipt of Approval From Its Stockholders
Nov 27, 2012Maryland-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
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Phototron Holdings Has Signed a Letter of Intent to Acquire SG Technologies Corp
Mar 6, 2012Phototron 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
