-
AkzoNobel leads Sustainability Index
- 14/09/2015
- Posted by: Simon Wait
- Category: News
AkzoNobel has been ranked number one on the influential Dow Jones Sustainability Index (DJSI) for the fourth consecutive year. The latest listing, published today, places the company first out of more than 350 companies in the Materials industry group, underlining AkzoNobel’s commitment to continuous [...] -
Vista Equity to buy Solera for $3.74 billion
- 14/09/2015
- Posted by: Simon Wait
- Category: News
Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise [...] -
Record number of apprentices join Mitsubishi
- 14/09/2015
- Posted by: Simon Wait
- Category: News
Mitsubishi Motors UK has seen a record number of apprenticeship requests from the dealer network for training at its headquarters in Cirencester. So far this autumn, 20 Mitsubishi dealerships from all over the UK have committed to training in Gloucestershire as part of their three-year Level Three Diploma in light [...] -
New car finance volumes up 13%
- 11/09/2015
- Posted by: Simon Wait
- Category: News
Figures released today by the Finance & Leasing Association (FLA) show the number of new cars bought by consumers on finance provided through dealerships increased by 13% in July, compared with the same month last year. The percentage of private new car sales financed by FLA members through dealerships in the [...] -
Solera engage in buyout talks
- 11/09/2015
- Posted by: Simon Wait
- Category: News
Insurance claims processing software maker Solera Holdings is in advanced talks with private equity firms Thoma Bravo and Vista Equity Partners to sell itself, according to reports from Reuters. Solera is nearing a deal to sell itself for about $53 per share, which would value the company at about $3.6 billion [...] -
BLD Group in administration
- 11/09/2015
- Posted by: Simon Wait
- Category: News
Claims management company Bikers Legal Defence Limited (BLD Group) has gone into administration. The company’s website has now been taken down and the following notice has been posted, ‘Danny Dartnaill and Simon Girling of BDO LLP were appointed Joint Administrators of Bikers Legal Defence Limited on 9 [...] -
Lloyd’s first-half profit falls 28%
- 10/09/2015
- Posted by: Simon Wait
- Category: News
Lloyd’s of London saw its profits fall 28 per cent in the first half of the year. Profits came in at £1.19bn, down from £1.65bn in the same period of 2014, despite turnover rising by 7 per cent. The market’s combined operating ratio (COR) deteriorated by 2.1 percentage points to 89.5% (H1 2014: [...] -
Axalta announce new global innovation centre
- 10/09/2015
- Posted by: Simon Wait
- Category: News
Axalta Coating Systems announced that its new Global Innovation Centre will be located at The Navy Yard in Philadelphia. The 175,000 square foot facility will be home to Axalta’s global research, product development, and technology initiatives and partner with the Company’s other technology centers in the [...] -
ECP branches out in Halifax
- 09/09/2015
- Posted by: Simon Wait
- Category: News
Euro Car Parts (ECP) is opening a new branch in Halifax employing 18 local staff and providing 30-minute customer deliveries, significantly reducing garages’ downtime. This major investment in the new 12,000 square foot branch brings the total number of ECP branches to over 190. It will house over 13,000 [...] -
Mitsui Sumitomo to buy Amlin for £3.7m
- 09/09/2015
- Posted by: Simon Wait
- Category: News
Japanense firm Mitsui Sumitomo Insurance Co. has agreed to buy UK insurance company Amlin PLC for £3.47 billion ($5.3 billion), in the latest consolidation of the global insurance market. The companies said Amlin shareholders would receive 670 pence a share in cash, a 36% premium over its closing price [...]