M&A – Page 84
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Restructuring pushes Groupama SA into H1 loss
Non-life combined ratio deteriorates but solvency improves at French insurer
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Gallagher’s Heath Lambert integration costs jump 270% in H1
Gallagher profits up 75% during the first half of 2012 despite cost surge
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BGL Group announce acquisition of Dutch comparison site
Latest addition to the BGL portfolio makes further inroads into Europe
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Omega deal to be concluded next month
Acquisition expected to go through a month later than planned
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Hastings paid £82.5m for Advantage
The price was arrived at through an independent valuation, says Hastings Insurance Group chief executive Edward Fitzmaurice
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Cobra shareholders accept Burrows £7.3m offer
Chief executive Steve Burrows wins 98% shareholder approval to take over Cobra
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Towergate snaps up two brokers
Sheraton and JBI are Towergate’s 12th and 13th deals of the year
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NIG spin-off looms if private equity wins fight for Direct Line
Broker-only commercial insurer expected to be early sale in the event of any takeover
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HomeServe spurns £1bn private equity advance - report
Company was approached by Cinven, KKR and Apax
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Hardy looks to expand after being acquired by CNA
Lloyd’s insurer will look to add new teams and new lines of business
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Alto to take on debt to fund Cobra purchase
Loan from Macquarie Bank will cover £4.2m cash payment to shareholders
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Aviva shares rise on talk of division sales
Speculation about Thursday’s announcements cheers investors
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Burrows' Alto offers £7.3m for Cobra
Cobra recommends offer to shareholders and plans delisting