Tag archive for ‘United Kingdom’
By Soujanya Ravi On Thursday, March 14th, 2019

Gallagher to acquire JLT aerospace insurance business for £190m

(adsbygoogle = window.adsbygoogle || []).push({}); Insurance acquisition news : Arthur J. Gallagher & Co. (Gallagher) has signed a deal worth around £190 million to acquire the global aerospace insurance More...

By businessnewstoday On Sunday, January 27th, 2019
1 Comment

Hitachi cancels £16bn Wylfa Newydd nuclear power project in UK

Nuclear power industry news : Japanese conglomerate Hitachi has scrapped the 2.7GW Wylfa Newydd nuclear power project in the UK after failing to secure the necessary project funding. The  Wylfa Newydd project was More...

By businessnewstoday On Thursday, January 24th, 2019

Hitachi halts UK nuclear project as energy supply crunch looms

Japan’s Hitachi put a $28 billion nuclear power project in Britain on hold on Thursday, dealing a blow to the country’s plans for the replacement of ageing plants. David Pollard reports. Source: reuters  More...

By businessnewstoday On Sunday, January 20th, 2019

UK shoppers rein in spending as Brexit nears

British shoppers cut back on spending in the three months to December for the first time since last spring, adding to evidence of a consumer slowdown as Brexit approaches. Pascale Davies reports. Source: reuters window.__ventunoplayer More...

By businessnewstoday On Tuesday, January 1st, 2019

AIG acquires UK group risk specialist Ellipse from Munich Re

AIG acquisition of Ellipse : American International Group (AIG) has wrapped up its previously announced acquisition of Ellipse, a specialist provider of group life risk protection in the UK, from German reinsurance More...

By businessnewstoday On Saturday, December 22nd, 2018

EC approves Whitbread’s £3.9bn sale of coffee shop chain Costa to Coca-Cola

Whitbread, a British multinational hotel, coffee shop and restaurant company, said that the European Commission has approved its £3.9 billion sale of coffee shop chain Costa to soft drinks giant Coca-Cola. The More...

By businessnewstoday On Sunday, November 25th, 2018

BP starts production from £4.5bn Clair Ridge project in Scottish waters

Oil and gas industry news : BP and its partners have commenced production from the £4.5 billion worth Clair Ridge project located in Scottish territorial waters to exploit an estimated seven billion barrels of More...

By Soujanya Ravi On Monday, October 8th, 2018

Ardonagh to buy Swinton Group from Covea for £165m

Ardonagh acquisition of Swinton : The Ardonagh Group, the Jersey-incorporated owner of Autonet and Towergate, has signed a deal of around £165 million to acquire Swinton Group, the UK personal lines insurance broking More...

By Soujanya Ravi On Sunday, September 30th, 2018

Jardine Lloyd Thompson to be acquired by Marsh & McLennan in $5.6bn deal

MMC acquisition of JLT : British insurance and reinsurance broker Jardine Lloyd Thompson (JLT) Group has agreed to be acquired by insurance broking and risk management major Marsh & McLennan Companies (MMC) More...

By Soujanya Ravi On Sunday, September 30th, 2018

Verus Petroleum announces $400m acquisition of North Sea operator Cieco

Verus Petroleum acquisition of Cieco : Scottish oil and gas company Verus Petroleum, has signed a $400 million Sale & Purchase Agreement (SPA)  with Japanese commodity trading house Itochu to acquire its subsidiary More...