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Bermudian-based global specialty (re)insurer will continue to provide underwriting capacity

The deal includes Validus Reinsurance Ltd and its consolidated subsidiaries, AlphaCat Managers Ltd, and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot

The bank is to reduce its global workforce by 9 per cent

Sale to New York-headquartered Stonepeak will result in Textainer becoming a privately held company

The sale is expected to close in the latter part of the first quarter or early part of the second quarter next year

The company said it expects to invest approximately $285 million, including primary capital to support Bamboo's growth

The strategic acquisition adds $19 billion of assets under administration and around 50 new employees to the existing Apex Group platform in the country

The insurers could end up under one umbrella, just not under the original proposal

Deal to buy the business outsourcing division of Jersey-headquartered MJ Hudson Plc receives regulatory approvals

Algonquin has lost a billion dollars of market value over the past month

Acquired company will continue to operate under its name and maintain its global presence

Acquiring BCCL will help Nascent Group to provide a more robust framework for service delivery