Bids, Mergers and Takeovers for 2 December 2020

  • 02 Dec
    14:03
    Nucleus confirms takeover talks

    Nucleus 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...

  • 02 Dec
    13:51
    Westpac sells general insurance business for $725m

    Westpac 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...

  • 02 Dec
    13:31
    Court greenlights Prudential transfer to Rothesay Life

    An 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...

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