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Allianz nears sale of US consumer unit - report
28 November 2014 - Europe's largest insurer, German Allianz SE (FRA:ALV), is nearing a deal to shed its US personal insurance business, part of its property and casualty unit Fireman's Fund, Suddeutsche Zeitung newspaper reported today, cit...

AXA to buy Assur Africa for EUR198m
28 November 2014 – French insurance giant AXA SA (EPA:CS) said today it had agreed to buy Assur Africa Holdings for a total of EUR198m (USD247m).The deal is seen as closing by the end of the year.Assur Africa holds 77% of Nigerian insurer Mansa...

Ballast Nedam to sell offshore business to Van Oord
28 November 2014 - Netherlands-based construction and engineering company Ballast Nedam NV (AMS:BALNE) said that it had entered into an agreement with domestic dredging and marine contracting company Van Oord NV for the sale of its offshore operation...

EIIB to cancel offer for 21% of Westhouse Securities
28 November 2014 – UK-based European Islamic Investment Bank Plc (LON:EIIB) said on Friday it would cancel its GBP2.50 (USD3.93/EUR3.16) offer for about 21% of local corporate and institutional stockbroking group Westhouse Securities Limited.EI...

QIA, Brookfield make no further offers for Songbird
28 November 2014 - UK-based real estate management company Songbird Estates Plc (LON:SBD) said today it had received no further takeover proposals from Qatar Investment Authority (QIA) and Brookfield Property Partners (NYSE:BPY) after turning down th...