KBC has received all the regulatory approvals required to successfully close the acquisition of a 70% stake in DZI Insurance. This follows the initial agreement on 30 January 2007 between KBC and Kontrakt Sofia for the 70% stake acquisition. KBC plans to launch a public takeover bid in the near future for the outstanding 30% of DZI Insurance’s shares.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.