Phoenix Group News
-
U.K. stocks fell from a 4 1/2-year high as a report showed the U.S. economy, its largest trading partner, unexpectedly contracted in the fourth quarter.
-
Phoenix Group Holdings, the U.K.’s biggest manager of closed life-insurance funds, plans to raise 250 million pounds ($394 million) in a share sale to lower its debt burden. The shares surged.
-
The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
-
Phoenix Group Holdings, the U.K.’s biggest manager of closed life insurance funds, declined by the most on record in London trading after saying it ended takeover talks with private equity firm CVC Capital Partners Ltd.
-
Phoenix Group Holdings Ltd., the U.K.’s biggest manager of closed life insurance funds, said Argonaut Capital Partners and Ignis Asset Management restructured their joint venture with Argonaut taking management control.
-
Resolution Ltd., the financial- services buyout firm founded by Clive Cowdery, said talks about a possible acquisition of Phoenix Group Holdings Plc have terminated.
-
Phoenix Group Holdings Ltd. , the U.K.’s biggest manager of closed life-insurance funds, rose to the highest in more than five months in London as it announced a six-year cash flow target that beat analysts’ estimates.
-
Phoenix Group, a German pharmaceutical distributor, signed 1.35 billion euros ($1.7 billion) of loans to refinance and reduce debt.
-
Clive Cowdery has left investors with losses of 30 percent after failing to repeat the success of the strategy that won him a reputation as London’s top insurance dealmaker. He and his team still profited from management fees.
-
A nonprofit group that contributed $11 million to help defeat a California ballot measure aimed at raising taxes must disclose documents so that state election officials can probe where the money came from, a judge said in a tentative ruling.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page