Fortis to buy Ukranian insurer Etalon Life for 7.6 million euros
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Dutch banking and insurance group Fortis said that its international insurance arm will acquire the Ukranian insurer Etalon Life, for 7.6 million euros (9.7 million dollars).
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European steelmaker Arcelor said it would buy Russian company Severstal in a 12-billion-euro (15.3-billion-dollar) deal aimed at thwarting a hostile raid by Mittal Steel.
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New Jersey-based Honeywell International Inc. , the aerospace and high-tech manufacturer, has agreed to buy the British industrial holding company Novar PLC for about $1.7 billion, the companies said yesterday.
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Novar, the UK building supplies group, is today expected to announce that it has agreed to be acquired by the US industrial giant Honeywell in a cash deal worth more than Â£800m.
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Dutch financial group SNS Reaal  is to buy the Dutch insurance operations of France's AXA  for 1.75 billion euros ($2.35 billion) to double its domestic market share and save costs.
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A US judge approved a 600 million dollar settlement with Credit Lyonnais and the French government over the disputed 1991 purchase of failed insurer Executive Life, an official announced.
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UBS AG, the Swiss investment-management company, said Monday it agreed to buy Julius Baer Holding AG's wealth management operations in the United States for an undisclosed sum.
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The knee and ankle brace maker said it agreed to be bought by the medical device maker ReAble Therapeutics for about $1.6 billion including debt.
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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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Private equity firm Fortress Investment Group LLC has agreed to buy oil tank operator Stelmar Shipping Ltd. (SJH) for $677 million, Stelmar said on Monday.
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Stelmar Shipping Ltd. (SJH.N: Quote, Profile, Research) , an oil tanker operator, has agreed to be acquired by affiliates of private equity firm Fortress Investment Group LLC for $677 million in cash, Stelmar said on Monday.
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US oil major ConocoPhillips bought a 7.6 per cent government stake in Russia&#39;s second-largest producer LUKoil for nearly $US2 billion on Wednesday in the nation&#39;s largest post-Soviet privatisation deal.
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Britain's Imperial Tobacco  agreed to buy Franco-Spanish rival Altadis  on Wednesday in a 16.2 billion euros ($22.4 billion) deal that includes debt.
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European steelmaker Arcelor said it would buy Russian company Severstal in a 12-billion-euro (15.3-billion-dollar) deal that according to analysts could thwart a hostile raid by Mittal Steel.
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Honeywell International Inc., the world&#39;s largest supplier of building controls and thermostats, agreed to buy Novar Plc of the UK for 798 million pounds ($1.53 billion) to expand in security, fire and ventilation systems.
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Britain&#39;s Imperial Tobacco   agreed to buy Franco-Spanish rival Altadis  for 12.6  billion euros ($17.4 billion) on Wednesday in a deal that will  see it jump to No 2 from 4 in Europe&#39;s cigarette industry.
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MetLife is buying Citigroup's life insurance business in a deal valued at $11.5 billion, a move that strengthens its position in a rapidly consolidating industry.