M&A – Page 110
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Agenda
Broker M&A activity is not dead yet
Credit is still available for sensible deals, but the terms are tougher.
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Agenda
AIG asset sale: the clock is ticking
Time pressures and the market crisis will drive down prices.
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Online only
Abbey Protection to acquire consultancy
Aim-listed legal expenses provider will pay at least £4.4m for Accountax
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NewsRBSI tipped to float if CVC sale gets go-ahead
Private equity house bidding for 51% stake with Swiss Re ‘would be looking to float’.
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Online onlyHodson: Oval will not squander war chest
Broker boss says he will be selective in spending new £115m debt facility
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NewsRBSI still on the block as bank gets £20bn rescue
Royal Bank of Scotland tipped to cut £7bn price tag for insurance arm as it downsizes.
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NewsQuinn to leave Giles in management reshuffle
Consolidator confirms senior management appointments.
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NewsPrivate equity investors stalk Towergate’s Open GI
Consolidator confirms approaches for software house after sale of rival SSP to Hellman & Friedman.
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