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Insurer Generali to buy rival Toro for $4.82 billion

Article Abstract:

Assicurazioni Generali S.p.A. of Italy is to acquire Toro Assicurazioni S.p.A. also of Italy for approximately 3.85 billion Euros ($4.82 billion). The insurer is consolidating its position in Italy and looking for growth markets in Eastern and Central Europe.

Author: Kahn, Gabriel, Cohen, Sabrina
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Italy, INSURANCE CARRIERS, Insurance industry, Assicurazioni Generali S.p.A., Company overview, Toro Assicurazioni S.p.A.

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France's BNP to buy U.S. lender

Article Abstract:

BNP Paribas S.A. of France is to acquire the mortgage lender, Commercial Federal Corp. of the United States for $1.36 billion. The financial trend in European banks is to consolidate through acquisitions to increase revenue.

Author: Wrighton, Jo, Galloni, Alessandra, Singer, Jason
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
United States, Commercial Banks, Europe, Forecasts, trends, outlooks, France, Banking industry, Industry Overview, Commercial Federal Corp., Industry forecasts

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Subjects list: Mergers, acquisitions and divestments, Company acquisition/merger
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