Pensions business Chesnara PLC said Tuesday that it has agreed to buy insurance policy manager Scottish Widows Europe from a subsidiary of Lloyds Banking Group PLC for €110 million ($130 million) in cash as it seeks to expand on the Continent.
Pensions business Chesnara PLC said Tuesday that it has agreed to buy insurance policy manager Scottish Widows Europe from a subsidiary of Lloyds Banking Group PLC for €110 million ($130 million) in cash as it seeks to expand on the Continent.
Legal & General has helped secure £86 million ($117 million) of pension liabilities across a U.K. manufacturing and construction group's three retirement programs, Broadstone said Tuesday.
Pension insurer M&G has taken on £180 million ($243.3 million) in retirement savings liabilities from a scheme sponsored by high technology components manufacturer, in a deal guided by Osborne Clarke and CMS, an adviser on the transaction has said.
Wheaton, a Canadian multinational precious metals streaming company, said Tuesday that it has agreed to buy almost one-third of the silver produced in a mine in Peru from a unit of mining giant BHP for an upfront consideration of $4.3 billion.
British mapping software business 1Spatial said Tuesday that it has convened its shareholders to vote on a proposed takeover offer of approximately £87.1 million ($117 million) from a portfolio company of U.S. technology investor Battery Ventures.
Coca-Cola Europacific Partners said Tuesday that it will reward investors with a buyback worth up to €1 billion ($1.2 billion) as it seeks to reduce the share capital of the sole licensed bottler of Coca-Cola for the two regions.
Sirius Real Estate Ltd. said Tuesday it will receive £77 million ($104 million) in proceeds from a share offering as it looks to snap up defense-related assets in Germany.
InterContinental Hotels Group began a share repurchase program on Tuesday to return up to $950 million more to investors as the hospitality giant reported record hotel openings.
The European Commission has cleared the acquisition by Axa Investment Managers of a 40% stake in Spanish fiber network operator FiberPass, removing the need for a formal merger filing, Vodafone Spain's owner Zegona said Tuesday.