CGU says merger savings to be 'very significant.'

Article Abstract:

CGU PLC, the result of the merger of UK-based Commercial Union and General Accident, projects to see additional cost savings aside from the earlier estimate of 270 million pounds sterling. Previously, the company altered its annual cost saving estimate from 225 million pounds sterling to 270 million pounds sterling, but additional savings are expected to be realized from its stronger purchasing power. Besides reduced handling costs of claims, the company should also benefit from the two companies' individual specialties in handling claims as well as through reinsurance and taxation advantages.

Comment:

Projects to see additional cost savings aside from earlier estimate of 270 mil pounds sterling

Insurance, Insurance Carriers and Related Activities, CGU PLC, Article

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Cadbury Schweppes says energy costs curb growth

Article Abstract:

Cadbury Schweppes PLC of the United Kingdom has announced that financial growth is expected to be short of the .5 to .75% projected for 2006. Revenues for the confectionary and soft-drinks giant is affected by restructuring and merger integration costs.

Cadbury Schweppes PLC, Company overview

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Metro unit plans to increase presence in Japanese market

Article Abstract:

Metro Cash and Carry will spend approximately $229 mil to open eight centers in Japan's metropolitan area of Tokyo. The company, a wholesale business unit of Germany's Metro AG retail firm, will emphasize food sales.

Marketing procedures, Wholesale Trade, Germany, Marketing, Wholesale industry, Company marketing practices, Wholesale dealer/distributor, Metro Cash und Carry GmbH

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