AON will acquire Italy-based Nikols

Article Abstract:

Aon Corp. will acquire privately-held Nikols Sedgwick Group, an Italian insurance and reinsurance brokerage firm. Terms of the deal, however, were not disclosed. The agreement reflects increasing consolidation in the insurance brokerage business, which has Chicago, IL-based Aon and New York-based McLennan Cos. as industry leaders. Aon is deemed the second biggest insurance broker in the world. Aon has been observed to be busy in this consolidation as it purchased Alexander & Alexander in 1997 for $1.2 billion. Early in 1998, Marsh & McLennan agreed to buy British brokerage company Sedgwick Group PLC for around $2 billion.

Comment:

Will acquire privately-held Nikols Sedgwick Group, an Italian insurance and reinsurance brokerage firm, Italy

Italy, Insurance Agencies and Brokerages, Insurance Agents & Brokers, Insurance industry, Aon Corp., Article, Nikols Sedgwick Group

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Investcorp deal boosts shares of Jostens 31%

Article Abstract:

Jostens Inc. saw its share value increase by 31% following Investcorp SA's agreement to acquire the firm. Investcorp, along with other investors, will acquire Jostens for approximately $950 million (938 million euros).

Precious Metal Jewelry, Jewelry (except Costume) Manufacturing, Bahrain, Jewelry, precious metal, Fine jewelry, Precious metals industry, Jewelry industry, Jostens Inc., JOS, Investcorp S.A.

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TLC Laser unites three former rivals via an acquisition

Article Abstract:

TLC Laser Eye Centers Inc. has acquired Laser Vision Centers Inc. in an all-stock deal worth $106.4 million (116.5 million euros).

Canada, Offices and clinics of optometrists, Optical Health Centers, Offices of Optometrists, Health care industry, Vision centers, Laser Vision Centers Inc., LVCI, TLC Laser Eye Centers Inc. (Toronto, Ontario)

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