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A.M. Best affirms rating of Assurances Generales de France

A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and its core subsidiaries, Assurances Generales de France IART and Assurances Generales de France Vie. The ratings reflect AGF's core status...

#acquisition#Allianz#international

GE Commercial Finance completes acquisition of structured finance business

GE Commercial Finance announced it has completed its acquisition of the structured finance business of ABB. ABB and GE Commercial…

#acquisition#commercial finance#financial services


Local banker plans to buy into US

Chilean banker Odde Rishmague, who is engaged in factoring, financial advisory, and real estate in his home country, is planning…

#acquisition#bank#banks


JMH Financial Services Group acquires Demica Plc

It has been announced that the JMH Financial Services Group has made a recommended offer to acquire Demica plc. This…

#acquisition#financial services#international


Natexis Acquisition of Coface cleared by EU

The European Commission said it cleared under EU merger regulation the acquisition by Natexis Banques Populaires of control of Compagnie…

#acquisition#European Commission#insurance


Former Tyco International Director Frank Walsh Comments on Litigation...

Tyco’s former International Director, Frank Walsh commented on Monday about the litigation filed by Tyco’s board of Directors. He said:…

#acquisition#CIT#financial services


WCC Services Plan to Acquire all Issued and Outstanding...

WCC intends to acquire all of the issued and outstanding shares of Liquid Capital Corporation, a private, Ontario-based business providing…

#acquisition#i#management


London Scottish Bank Seeks Purchases to Bolster Factoring

London Scottish Bank PLC is looking for acquisitions to bolster its consumer credit and factoring businesses. The company is parent…

#acquisition#bank#debt collection


Bibby Launches New Factoring Operation in Poland

Building on their tremendous success in the last five years, Bibby Financial Services is further expanding its international presence with…

#acquisition#business finance#financial services


Banco Santander Rumoured to be Buying Banco Santiago

Rumours have been reported on the business information service Zephus.com that Banco Santander Central Hispano SA is to buy Banco…

#acquisition#Banco Santander#interest


Competition Minister Accepts Undertakings on Lloyds TSB/Abbey National

Competition Minister Melanie Johnson has accepted undertakings from Lloyds TSB Group plc in relation to Abbey National plc. The undertakings…

#acquisition#Commercial Credit#commercial finance


Leicestershire Communication Services Business Makes Ј1 Million Acquisition with...

Leicestershire based print management and communication services business Aiza Limited has acquired Present Format (UK) Limited, a print distribution business…

#acquisition#commercial finance#management

Management Buyout Team at Myson Pumps Receives Funding Solution...

The management team of Myson Pumps, one of Europe’s largest producers of domestic pumps, has received an asset-based funding solution…

#acquisition#commercial finance#funding

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