Activist fund Elliott denied a report it has built a stake of around 1 percent in Italian investment house Mediobanca .

Italian investment bank Mediobanca has reached an agreement to buy a 19.9 percent stake in Indonesia's consumer credit operator BFI Finance through its wholly-owned unit Compass Banca, the bank said on Friday.

A report that activist fund Elliott has built a stake of around 1 percent in Mediobanca lifted shares in the influential Italian investment bank on Friday.

Swiss Re is exploring a 2019 listing in Britain of its UK closed book business ReAssure, it said on Friday as a 17 percent fall in first half net profit hit its shares.

Canadian home services company Enercare Inc said on Wednesday it would be bought by Brookfield Infrastructure Partners for C$4.3 billion ($3.30 billion) as the asset management firm looks to expand across Canada.

Wefox, one of Europe's fastest-growing insurance technology firms, is close to settling on a new "triple-digit million" euro funding round, with Softbank's Vision Fund among the suitors, three sources familiar with the negotiations said.

French insurer Axa said on Wednesday it had entered exclusive talks over the potential sale of its variable annuity products platform to private equity firm Cinven, adding it would raise 1.2 billion euros ($1.40 billion) in total from the deal.

Israel's banking regulator said on Wednesday it will not allow Bank Leumi to take a stake in the firm that is buying the lender's credit card unit because it wants top banks to offload card units into separate companies.

Italy's top insurer Generali said on Wednesday it was eyeing acquisitions in non-life insurance and asset management as its cash pile grew on the back of disposals and stronger operations.

Canadian investment group Fairfax could become Irish insurer FBD's second largest shareholder by September by converting a bond into equity, FBD Chief Executive Fiona Muldoon said on Wednesday.