GE Capital may purchase Scottish Life for Euro1.64 billion
Article Abstract:
GE Capital, the financial services unit of U.S.-based General Electric Co., may be about to acquire Scottish Life Assurance Co. in a deal that would put the U.K. mutual pensions provider at a value of roughly GBP1 billion (Euro1.64 billion). GE Capital would gain a new platform for selling pension services to customers in the U.K. and maybe even the rest of Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Prudential's exit from merger raises strategic questions
Article Abstract:
Prudential PLC acknowledged that it is withdrawing from its planned merger with American General Corp. after the latter reached a deal with American International Group. Prudential will consequently collect its $600 million breakup fee.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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CGNU makes a new alliance in Spain
Article Abstract:
CGNU PLC has reached a deal to acquire 50% of the life insurance and pension businesses of Caja Espana. CGNU acquired the share for 141.5 million euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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