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Singlife and Aviva Singapore to merge in S$3.2bil deal that will make it one of the largest in South-East Asia
SINGAPORE (Business Times-The Straits Times/ANN): Homegrown insurer Singapore Life (Singlife) intends to merge with Aviva Singapore in a deal valued at S$3.2 billion, which will make it one of the largest in the South-east Asian insurance sector and the largest in Singapore.
LONDON (Reuters) - Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.
HELSINKI: The robots advising investors at the biggest Nordic banks just had their best quarter since being switched on.
SINGAPORE: Hin Leong Trading (Pte) Ltd, the troubled Singapore oil trader with almost US$4bil in debt, plans to shift management of the company away from its founding family to PricewaterhouseCoopers LLP (PwC) as it prepares to withdraw an application for court protection from creditors, according to sources.
NEW YORK: Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
WASHINGTON (Reuters) - The International Monetary Fund stands ready to provide advice and technical assistance to Lebanon in its efforts to avoid a financial collapse, a spokesman for the global lender said, confirming the government had asked for help.
BEIRUT (Reuters) - Lebanon on Wednesday formally requested the International Monetary Fund's technical help in shoring up its economy, a move that a senior government source said would include the fund's aid in drafting a plan to avert financial collapse.
Worldline agrees to buy Ingenico for US$8.7bilMove will create world’s fourth-biggest payments company
PARIS: Payments company Worldline has agreed to buy French peer Ingenico, in a deal which the companies said would create the fourth-biggest payments company in the world and a new European champion in the sector.