Foods tycoon buys assurance funds
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Food and drinks entrepreneur Hugh Osmond has bought four life assurance funds for Â£1bn ($1.97bn). Mr Osmond has purchased the brands - Pearl Assurance, NPI, London Life and Provident Life - from financial services group HHG.
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RUPERT Murdoch is literally buying back the farm - and the art and other myriad investments worth more than $50 million. As part of the proposed move of The News Corporation Ltd to the US, Mr Murdoch and his
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The company that runs the Franklin Templeton mutual funds yesterday admitted that it allowed an investor to market-time its funds in exchange for putting $10
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Foodland Associated Ltd., which owns supermarkets in Australia and New Zealand, said second-half profit rose 8 percent, boosted by sales of property to a real estate investment trust and reduced borrowing costs.
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San Miguel Corp., the largest food and beverage maker in the Philippines, agreed to buy National Foods Ltd., Australia&#39;s biggest dairy company, for A$1.78 billion ($1.4 billion), raising
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By STAFF, Herald  New Zealand Dairies Ltd appears to have overcome its financial hurdle as nervous dairy farmers look on.   Last Friday the Herald broke the news the new dairy factory was saved by a last minute $24m deal from an overseas investor.
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Egg, the Internet bank majority-owned by British insurer Prudential, said it had agreed to sell its French unsecured lending business to Banque Arnold for up to 140 million euros (177 million dollars) in cash.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.
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Premier Foods PLC said Monday it will buy RHM PLC for 1.23 billion pounds in cash and shares to create Britain's biggest food producer.Comment
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Hugh Osmond, the entrepreneur better known for investing in the food and drink sector, on Thursday night sealed the UK&#39;s largest closed life assurance deal with the
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Business & money: Shares in the supermarket group soared by almost 5% after the State of Qatar announced it now owned 25% of the supermarket giant's shares.
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The E. D. Smith Income Fund, a trust that owns a variety of private-label food manufacturing operations, said it planned to sell all of its assets to TreeHouse Foods of the United States in a deal valued at about 217 million Canadian dollars ($203 million). TreeHouse, based in Westchester, Ill., would also assume E. D. Smithâs existing debt and the transaction costs. If the deal goes through, stakeholders should receive up to 9.15 Canadian dollars a unit, subject to a âholdbackâ of 60 Canadian cents a unit to cover certain expenses, the fund said, which could lower the amount received by unit holders. Units of E. D. Smith, which is based in Winona, Ontario, rose 1.23 Canadian dollars, or 17 percent, to 8.57 Canadian dollars on the Toronto Stock Exchange.
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Invesco Funds Group and affiliate AIM Advisors say they have agreed to pay $450 million (250 million pounds) to settle civil lawsuits over improper trading, the third biggest
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US investment fund Steel Partners II on Thursday offered to buy 90 percent of Gencorp Inc. (GY.N: Quote, Profile, Research) it does not already own for about $700 million
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An agreement has been reached on the sale of the portfolio of SIV Portfolio, a structured investment vehicle, to bidders including Goldman Sachs , the fund's receivers Deloitte & Touche said on Monday.
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Inter Link Foods, a Lancashire bakery firm which employs 1,800 staff, is bought just hours after going into administration.
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Sainsbury's is to buy family owned supermarket firm Curley's in a multi-million pound deal.