Legal & General Group PLC (LGEN.L)
7 Dec 2016
LONDON Royal Bank of Scotland has agreed to pay 800 million pounds ($1 billion) in an out-of-court settlement over allegations it misled shareholders during a 12 billion pound fundraising at the height of the financial crisis.
LONDON, Nov 24 Chesnara Plc said on Thursday that it is planning to buy Legal & General's Dutch insurance business in a deal worth 160 million euros ($168.64 million).
* Completes largest pension buyout of 2016 with 1.1 billion stg Vickers group pension scheme
LONDON, Nov 8 British insurer Legal & General said on Tuesday it appointed Bernie Hickman as chief executive of a new combined UK and U.S. insurance division, Legal & General Insurance.
Nov 1 China Evergrande Group, China's second-largest property developer, is in "early stage" talks to buy Cala Homes, a person familiar with the upmarket British housebuilder told Reuters.
* Board of legal & general group plc announces that sir john kingman will take up his appointment as group chairman of legal & general with effect from 24 october 2016.
(The following statement was released by the rating agency) LONDON, October 12 (Fitch) Fitch Ratings has assigned Bermuda-based Legal & General Reinsurance Company Limited (L&G Re) an Insurer Financial Strength (IFS) Rating of 'A+'. The Outlook is Stable. KEY RATING DRIVERS The rating reflects Fitch's view of L&G Re as a "very important" subsidiary of Legal & General Group PLC (L&G), as defined in Fitch's Insurance Ratings Methodology. This view is supported by the importance of L&G Re to th
Private equity firm HabourVest offered to buy smaller rival SVG Capital's investment portfolio for at least 783.1 million pounds ($973.8 million), looking to trump an offer from Goldman Sachs and the Canada Pension Plan Investment Board.
Britain's SVG Capital accepted an offer from Goldman Sachs and the Canada Pension Plan Investment Board on Thursday, saying it gave shareholders a better return than a hostile bid from U.S. private equity rival HarbourVest.
U.S. private equity firm HarbourVest Partners said it had extended its $1.35 billion offer for smaller rival SVG Capital , even after the British firm accepted an offer for its investment portfolio from Goldman Sachs and the Canada Pension Plan Investment Board.