Phoenix to acquire Swiss Re's ReAssure arm

Source: Dukascopy Bank SA
On Friday, the insurance firm Phoenix Group Holdings has agreed to acquire the UK unit ReAssure from Swiss Re AG, in its largest-ever cash and shares deal valued at $4.1B.
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Fri, 06 Dec 2019 09:57:31 GMT

WPP completes 60% Kantar sale to Bain Capital

WPP has finalised the 60% sale of Kantar, the data analytics business, to the private equity group Bain Capital, planning to return around $1.2B to investors through the share repurchase programme.

Fri, 06 Dec 2019 07:45:42 GMT

Saudi Aramco prices its shares at range's top

Saudi Aramco, the state-owned oil giant, has priced its shares at the top of the range of $8.53 per share in the world's largest initial public offering, Reuters reported.

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