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Innovation Group agree to Carlyle takeover
- 01/09/2015
- Posted by: Simon Wait
- Category: News
Insurance software provider The Innovation Group PLC has agreed to a £499m takeover bid from private equity firm Carlyle Group. Under the agreement, the London-listed company will receive 40p per share in cash, which represents a 13.5% premium to Innovation's closing price on Thursday. It has been agreed after [...] -
Innovation Group confirms Carlyle Group takeover talks
- 28/08/2015
- Posted by: Simon Wait
- Category: News
Insurance software provider The Innovation Group PLC has confirmed advanced talks with private equity firm Carlyle Group over a potential offer valuing it at 40 pence per share. The company provides motor and property claims process services, enabled by specialist software technology that it also sells on a [...] -
Berkshire takes stake in Axalta
- 07/04/2015
- Posted by: Alan Feldberg
- Category: News
Berkshire Hathaway has brought an 8.7 per cent stake in Axalta from controlling shareholder Carlyle Group for $560 million. Warren Buffett's Berkshire is buying 20 million shares at $28 per share, a slight discount to the stock's Monday closing. Berkshire Hathaway is a multinational conglomerate holding company [...] -
Carlyle to acquire Nationwide for £43.2m
- 01/04/2015
- Posted by: Alan Feldberg
- Category: News
Carlyle Group has reached an agreed deal to acquire Nationwide Accident Repair Services for £43.2 million. In a separate statement on the London Stock Exchange on Wednesday, Nationwide said it has completed the acquisition of Seward Accident Repair Services for £3.8 million in cash. Carlyle, which will acquire [...]