Mergers & acquisitions (M&A)

RSA acquires 123 Money

RSA has completed the purchase of Irish personal lines broker 123 Money for a sum in excess of £54m.

Lloyd's & London market: Bargain hunt

It looks like investors searching for a piece of the action in Lloyd's can pick up a bargain right now, as depressed share prices shine a light on profitable businesses trading at a discount to their net asset value. Ralph Savage investigates whether a…

Bridle buys SIS

Bridle Insurance has completed the acquisition of Southampton Insurance Services for a six figure sum.

Evans linked with Axa UK

The former chief executive of Axa Life Paul Evans has been linked with the same role at Axa UK, replacing current incumbent Nicolas Moreau, who took over from Dennis Holt in June 2006.

Aggregator sold for a £1

Fairpoint Group today said it had accelerated its strategy of extending the group from a debt solutions business for heavily indebted consumers by agreeing to acquire 100% of the share capital of aggegator Moneyextra.

Brit deal in the balance

Private equity house Apollo is not expected to up its offer for Brit, meaning the chances of the deal being successful are 50:50, according to Jefferies International.

Halliwells sells to BLG

Halliwells' insurance business has been acquired by London-based Barlow Lyde Gilbert, after the deal was approved by its board.

Medicals Direct buys rival

North London-based medical services provider Medicals Direct Group has acquired competitor Medibureau for an undisclosed sum.

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