Financials
AUSTRIA - Private equity group expected to bid for BAWAG
Austria's fourth largest bank in terms of volume of assets, BAWAG, is expected to receive offers from at least four financial and trade buyers. Morgan Stanley has been appointed to run the auction process. Expected bidders are Austrian banks Raiffeisen...
UK - Montagu Private Equity acquires Misys General Insurance for £182m
Montagu Private Equity has signed an agreement to acquire Misys General Insurance for ТЃ182m. MGI is a wholly-owned subsidiary of Misys Plc, a global business providing specialised software applications to the healthcare and banking industries. Final...
UK - Barclays and Lloyds TSB support insurance broker
Leeds based Barclays Leveraged Finance (BLF) and Lloyds TSB Corporate Acquisition Finance have acted as joint mandated lead arranger in the provision of a ТЃ53m finance package to Oval, a leading industry consolidator in the corporate insurance broking...