Saga and AA merge in Â£6bn deal
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Business & money: Over-50s travel and insurance group to merge with AA after ditching stock market flotation.
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Aviva, the country&#039;s biggest insurance group, has announced the friendly takeover of US life assurer AmerUs Group for about 1.6 billion pounds.
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Nationwide, Britain's biggest mutually-owned bank, is to merge with smaller rival Portman, to create a new financial services group with more than 150 billion pounds (221 billion euros, 281 billion dollars) in assets.
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British insurer Resolution  hit six-year highs in a weaker market on Monday, lifted by hopes of a 5 billion pound ($10.2 billion) bid from rival Standard Life , backed by giant Swiss Re .
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Medical equipment firm Huntleigh Technology is bought by Swedish rival Getinge for Â£409m ($802m).
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T-Mobile UK and 3 UK are combining their third-generation networks to save money.
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SYDNEY (Dow Jones)--Seeking to cut costs and encouraged by UK regulatory changes, Australia&#39;s QBE Insurance group Ltd. (QBE.AU) Tuesday said it will merge its Lloyd&#39;s division with other European operations.
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The Co-operative Group is to pay  Â£19.6m to customers under its relaunched profit-share dividend scheme.
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American International Group, the world&#39;s largest insurance firm, yesterday agreed to pay $126m (Â£67m) to settle allegations that the company helped clients to commit accounting fraud.
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Japanese supermarket giant Aeon Co. said Friday that it had agreed to join forces with troubled rival Daiei to create Japan's largest retail group in a deal worth 62.7 billion yen (535 million dollars).
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Saga, the holiday and insurance group for the over-50s, created its first &quot;grey&quot; billionaire yesterday when the company was sold for Â£1.
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BOEING was given a significant lift in its battle for orders against Airbus, its European rival, yesterday when Japan Airlines (JAL) signed a deal for a fleet of its new 7E7 aircraft worth up to $6 billion (Â£3.1 billion).
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Britainâs largest brewer, agreed to a Â£7.8 billion ($15.4 billion) takeover by the European rivals Carlsberg and Heineken.
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Utility firm AWG says it has agreed a consortium takeover worth 2.213 billion pounds -- but has also received approaches from other bidders.
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Classic FM owner GWR and Capital Radio are to merge in a deal creating a company with a 36% share of the UK commercial radio audience.
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The sale of National Australia Bank&#39;s Irish businesses reached a surprise conclusion yesterday when Denmark&#39;s Danske Bank clinched a Â£967m takeover.
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Plans for a massive offshore deep water wind farm gain Â£6m support in government funding.