Insurance heavyweight AIG, led by Wachtell and Debevoise, said Thursday that it will buy a minority stake in Weil-guided underwriter and insurer Convex Group Ltd. for $2.1 billion.
Insurance heavyweight AIG, led by Wachtell and Debevoise, said Thursday that it will buy a minority stake in Weil-guided underwriter and insurer Convex Group Ltd. for $2.1 billion.
Shawbrook Group PLC on Thursday set its initial public offering price at 370 pence ($4.90) per share, implying a market capitalization of approximately £1.92 billion, as the U.K. lender began trading on the London Stock Exchange.
Swiss electronics maker Cicor Technologies Ltd. said Thursday it has agreed to acquire British engineering group TT Electronics PLC in a £287 million ($378.2 million) cash-and-share transaction to expand its specialist manufacturing presence in a "fragmented" sector.
A Vietnamese budget airline told an appeals court Thursday that the subsidiary of an international private investment company cannot pursue it for contempt of court, because it never breached the terms of an injunction protecting the company's aircraft.
British telecom giant Vodafone said Thursday that it has agreed to acquire cloud technology company Skaylink GmbH from funds managed by Dutch private equity firm Waterland and others for €175 million ($202.4 million) in a deal guided by Hengeler Müller.
British energy company Drax said Thursday that it has agreed to acquire three projects of battery energy storage systems in Scotland and England from their developer Apatura Ltd. for £157.2 million ($207 million).
Permanent TSB Group Holdings PLC, a lender which is majority owned by Ireland, said Thursday that it has put itself up for sale as the state looks to exit its financial crisis-era holdings in the banking sector.
