Bids, Mergers and Takeovers for 2 December 2020
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02 Dec
14:03Nucleus confirms takeover talksNucleus has confirmed it is in talks about a potential takeover after receiving offers from Integrafin Holdings and Epiris. Both are existing parent companies of Nucleus competitors. The firm...
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02 Dec
13:51Westpac sells general insurance business for $725mWestpac Group is selling its general insurance business to Allianz for $725 million. The transaction includes several contingent payments subject to 'integration milestones' being achieved. The...
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02 Dec
13:31Court greenlights Prudential transfer to Rothesay LifeAn English court has approved Rothesay Life's appeal to allow it to receive a much-delayed transfer of a Prudential annuity portfolio. In August 2019 the High Court of England and Wales blocked...
