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Mergers & Acquisitions
Miller Completes Acquisition of Spanish Specialty Re/Insurance Broker Bruzon
Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros.
The transaction, which first was announced in…
Advisory M&A News – 9/30/24
Commonwealth Adds Advisers at Aegis Consulting Commonwealth Financial Network welcomed Jacksonville, Florida-based Aegis Consulting to its network of affiliated advisers in 2023. Eighteen months later,…
Evidence CEOs Tried to Illegally Boost Oil Prices Grows as FTC Bars Hess from Chevron’s Board
Hess Corp. CEO John Hess won’t be joining Chevron’s 12-person board of directors, even assuming the companies close their $53 billion deal, currently mired in arbitration, under a Federal Trade Commission (FTC) consent order made…
Foodstuffs merger gets a no from the Commerce Commission
The Commerce Commission is refusing to green light Foodstuffs North Island (FSNI) and Foodstuffs South Island (FSSI) becoming a single national grocery entity due to concerns around the impact on grocery competition.
The merger decision…
Making for a Smooth Integration
Mergers and acquisitions are among the loftiest endeavors that waste companies ever take on. These ventures are not easy, and they are not without risk, but they are what drive this multibillion-dollar industry forward.Pulling off a…
Despite Decline in Agent Numbers, Agency Profits Are Up Says Latest Agency Universe Study
Biennial study reveals gains and challenges in independent agency channel.
Independent property and casualty (P&C) agencies are proving resilient in a challenging hard market, with most agencies reporting significant revenue…
BREAKING: Clearance for proposed Foodstuffs merger declined
The Commerce Commission has declined to give clearance for Foodstuffs North Island Limited and Foodstuffs South Island Limited to merge to become a single national grocery entity.
Chair Dr John Small…
Commerce Commission says no to proposed Foodstuffs merger
The Commerce Commission has declined to give clearance for Foodstuffs North Island Limited and Foodstuffs South Island Limited to merge to become a single national grocery entity. Commission chairperson John Small said the commission was…
Chevron’s $53 billion merger with Hess moves forward but not out of woods yet as arbitration keeps…
U.S.-headquartered energy giant Chevron and its rival, Hess Corporation, have managed to get the Federal Trade Commission (FTC) antitrust review out of the way despite the move to bar the latter’s Chief Executive Officer (CEO) from…
Anpario completes acquisition of Bio-Vet Inc.
Anpario Inc., a wholly owned subsidiary of Anpario PLC, the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, has completed the acquisition of Bio-Vet Inc.Bio-Vet was incorporated…