Business ; HHG sells life insurance arm
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Business News, MELBOURNE, Financial group HHG has agreed to sell its life insurance business, including Pearl, National Provident Life and London Life, for 1.025 billion pounds to Life Company Investor Group, and plans to return 875 million pounds of the
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BRENTWOOD, Tenn. -- LifePoint Hospitals Inc. , an operator of acute care facilities in rural areas, outlined a deal yesterday to buy rival Province Healthcare Co. for about $1.1 billion in cash and stock.
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Manor Care Inc. , the largest  U.S. operator of homes for the elderly, said on Monday it  agreed to be acquired by Carlyle Group for $4.9 billion,  becoming the latest health care provider taken off the public  market by a private equity buyer.
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LifePoint Hospitals Inc.  said  on Monday it agreed to acquire Province Healthcare Co.   for about $1.125 billion in cash and stock.
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The insurance giant MetLife Inc. is buying Travelers Life &amp; Annuity Co. for at least $11.5 billion from Citigroup Inc. , the nation's largest financial institution.
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Two private equity groups -- The Carlyle  Group  and Apax Partners -- said on Sunday they have  signed an agreement to sell healthcare marketing services firm  MediMedia USA Inc. to Vestar Capital Partners.
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The company said it is selling the unit to Standard Chartered for nearly $1.1 billion so it can focus on its core credit card business.
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DIY chain Home Depot sells its supply unit to a private equity group for almost $2bn less than originally agreed.
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LONDON/NEW YORK  - InterContinental Hotels Group  Plc IHG.L said on Friday it was selling 13 hotels to  Hospitality Properties Trust HPT.N for $450 million, as part  of its strategy to sell hotels it owns and focus on franchising  and managing instead.
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Goodman Global, a maker of heating and air-conditioning equipment, agreed to be acquired by affiliates of private equity firm Hellman & Friedman for about $1.8 billion in cash.
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LifePoint Hospitals has agreed to acquire rival Province Healthcare for $1.125 billion in cash and stock to broaden its geographic reach.
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Financial services company Coyle Hamilton today announced the completion of the sale of 56pc of its shares to the global insurance broker Willis.
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US private equity firm Blackstone has had its Â£564m offer for listed UK nursing homes group NHP accepted. The successful completion of the deal would mark a big step forward in its ambition to build one of the UK&#39;s large homes providers.
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Insurance giant Swiss Re sells off 'the Gherkin' its landmark building in the heart of the UK financial district for Â£600m.
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Insurer Tower is going ahead with a plan to spin off its Australian money management business, raising A$130 million ($143 million) for acquisitions in the transtasman life and general insurance markets.
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The Republic's largest privately-owned insurance broker, which has an office in Belfast, has been taken over by an American company.
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Latest licensing deal signals a move into the health-care arena.