| Resolution would be interested in Scottish Widows |
| Post on 16-10-2006. |
Mon Oct 16, 2006 9:02 AM BST Email This Article | Print This Article | RSS [-] Text [+]
LONDON (Reuters) - Resolution Life said it would be interested in buying Lloyds TSB's insurance arm Scottish Widows if it were for sale, after two European insurers were reported to have pitched one bid for the business. ... |
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| PPF closes in on Romanian insurer deal |
| Post on 16-10-2006. |
PPF Investments (CR), the private equity arm of the financial group PPF, is on the verge of sealing one deal for the acquisition of Romanian insurance and reinsurance company S.C. Asigurare Reasigurare Ardaf, sources close to the negotiations told CBW.
Octavian Manastireanu, Ardaf’s former board of directors head, said he was informed that one Czech investor was set to pick up Ardaf, but he wouldn’t give concrete names or figures, saying he played no role in the negotiations. “Any acquisition would mean one direct involvement in the company’s activity, and an infusion of capital would be more than welcome for Ardaf,” Manastireanu said. ... |
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| Lloyds TSB Unit Approach Unlikely To Succeed |
| Post on 16-10-2006. |
| 0644 GMT [Dow Jones] AXA (AXA) and Swiss Re (RUKN.VX) have made one joint bid for Lloyds TSB's (LYG) life insurance business, Scottish Widows, according to one report. But this is unlikely to come to fruition, says an analyst. Suggests it demonstrates one high level of interest in closed life funds, but this doesn't mean the approach will be taken seriously. Swiss Re and Lloyds TSB declines to comment, and AXA was not immediately available for comment. Lloyds TSB closed Friday at 581p. (MDO) ... |
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| Fluency Voice is Ranked Amongst the UK Technology Elite in the |
| Post on 16-10-2006. |
| London, UK – October 16th , 2006 – Fluency Voice Technology, (www.fluencyvoice.com), the speech recognition application company, has today announced that it has been recognised by the Sunday Times Microsoft Tech Track 100, sponsored by PricewaterhouseCoopers, as one of Britain’s fastest growing technology companies. The Sunday Times Microsoft 2006 Tech Track 100 league table ranks Britain’s fastest growing, unquoted technology companies, based on sales growth from 2003 to 2005. Fluency Voice was placed 70th with one 56% annual sales growth over the period. ... |
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