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CVC Seen in Lead in Talks to Buy Friends Unit
By Simon Challis and Clara Ferreira-Marques LONDON (Reuters UK) - Private equity firm CVC Capital Partners CVC is in the "leading position" in talks to buy high-end insurer Lombard, a unit of Friends Provident FP, sources close to the matter said on Friday. U.S. private equity...
Tags: Private Equity, Private Equity Company, Insurance Company, Lombard, Insurance, Investment, Financial Services, Cablevision Systems Corp.
News items 2008-07-11

Additional Resources

BOWE BELL + HOWELL and CMC Strengthen North American Market Presence
WHEELING, Ill., July 14 /PRNewswire-FirstCall/ -- BOWE BELL + HOWELL, a leading provider of document processing and postal solutions, and CMC of Citta di Castello, Italy, a producer of mail inserting systems, today announced a collaborative agreement that will strengthen the presence of CMC products throughout North America. The...
Articles 2008-07-14
Is it wrong to do business in Zimbabwe? Remember what Mandela said to Shell
Shell and Barclays were the two highest-profile British companies in South Africa during the apartheid era. Both pursued nonracial business practices as far as they could, but both endured years of disrupted shareholder meetings and flak from the student Left. Shell stuck it out -- and shortly after his release...
Articles 2008-07-12
Yogen Fruz's Third Illinois Location Opening to Benefit Tri-Town YMCA
International Fro-Yo Chain Opens Store in Lombard; Gives 10 Percent of Profits to the Local YMCA LOMBARD, Ill. -- Yogen Fruz, a frozen yogurt chain with 1,100 stores in over 20 countries, announced today that it is opening its third Illinois location at Yorktown Center in Lombard, Illinois,...
Articles 2008-07-11
Live Nation Increases Global Festival Footprint to 30 Through Acquisition of Main Square Festival in France
LOS ANGELES, July 7 /PRNewswire-FirstCall/ -- Live Nation , the world's largest live music company, today announced the acquisition of a controlling interest in the Main Square Festival held in Arras, France. The addition of the new multi-day event brings Live Nation's portfolio of festivals around the world to...
Articles 2008-07-07
Insurer may be running short of friends
Friends Provident's chairman, Sir Adrian Montague, will come under renewed pressure this week, with the group's proposed sell- off of asset management division F&C, high-end insurance arm Lombard and wealth manager Pantheon now thought to be in grave doubt. Shares in the insurer dived 7 per cent...
Articles 2008-07-06
France Telecom abandons bid for Nordic rival TeliaSonera
France Telecom's shares shot up by 7 per cent yesterday as the group walked away from a controversial friendly takeover of the Nordic group TeliaSonera because the two companies could not agree a price. The $41bn (21bn) bid put forward by Didier Lombard, France Telecom's chief executive,...
Articles 2008-07-01
Lombard leaves Starbucks: coffee company restructuring its entertainment unit in an effort to invigorate sagging sales
KEN LOMBARD, WHO JOINED STARBUCKS COFFEE CO. IN 2004 to head its entertainment division, stepped down from his position in April, as the company announced it would revise its entertainment strategy. Lombard, 53, who was senior vice president and president of Starbucks Entertainment, left to pursue other business interests. ...
Articles 2008-07-01
SAVVIS Secures GBP 35 Million Credit Facility
GBP LIBOR Loan to Fund Previously-announced UK Data Center ST. LOUIS -- SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for business applications, today announced that its subsidiary, SAVVIS UK Ltd., has obtained a five-year, 35 million (approximately $69 million) credit facility with Lombard North Central...
Articles 2008-06-30
The RoomPlace at Harlem Furniture Implements 'What's Next' in Furniture
LOMBARD, Ill., June 19 /PRNewswire/ -- In Chicago's highly competitive home furnishings market, The RoomPlace at Harlem Furniture has always stood out because of its value, selection of styles and room group concept. Now, the furniture retailer is ready to take its business to another level. It...
Articles 2008-06-19
Lombard Invests US$15 Million in San Shing Fastech Corporation, a Leading Taiwanese Automotive Parts Manufacturer
SAN FRANCISCO, June 17 /PRNewswire/ -- Lombard Investments, Inc. announced a $15 million investment in Taiwan-based San Shing Fastech Corporation ("San Shing" or the "Company"), one of the world's leading manufacturers of high quality automotive fastener systems. The transaction closed on May 28, 2008. The Company will use...
Articles 2008-06-17
Fred Meyer no longer just a renter in Portland
Fred Meyer believes in ownership. With its $11 million property purchase of the Peninsula Fred Meyer, located at 6850 N. Lombard Ave., the 80-year-old department store giant has gone from renter to owner. The company had previously leased the property from the Durae Family...
Articles 2008-06-13
The Plus Group, inc. is Honored by AT&T As Outstanding Supplier
LOMBARD, Ill. -- Commitment to excellence over the past year has earned The Plus Group, inc. recognition as an outstanding supplier to AT&T Inc. (NYSE: T), one of the world's leading data, voice, wireless and Internet services providers. "We are proud of our long-standing tradition and leadership position...
Articles 2008-06-12
GVA Williams of Connecticut announced the signing of a 4,100 square foot lease for Walgreens at 20 East Main Street in Waterbury
GVA Williams of Connecticut announced the signing of a 4,100 square foot lease for Walgreens at 20 East Main Street in Waterbury. Walgreens bought the Arrow Drug Store chain as part of an asset purchase agreement in February of 2007. This included 53 Familymeds and Arrow Drug stores. The current...
Articles 2008-06-11
Grove Dental Associates: Find a Wheaton or Lombard Dentist With a Single Phone Call
A manlistens to his favorite symphony while resting his head on a pillow andlying under a warm, fuzzy blanket. Next door, a woman plays a video game.This scene could describe a typical American home, but it's actually a Downers Grovedentist office. Well aware that many people experience more...
Articles 2008-06-06
Oregon Department Of Transportation uncorks bottleneck along Delta
Increasing transportation capacity along the Interstate 5 corridor has been a 20-year issue for both Washington and Oregon, and a solution has been consistently stalled by funding problems. But with the funding in place, work has begun on the Delta Park-to- Lombard I-5 project, which will widen two bridges and...
Articles 2008-06-03
Raddon Financial Group Brings Credit Union Executives to Sonoma, Calif. for Annual CEO/Directors' Forum
Forum Examines Challenges and Opportunities for Large Credit Unions LOMBARD, Ill. -- Raddon Financial Group RFG, a provider of research-based solutions to credit unions, is hosting the CEO/Directors' Forum for CEOs and directors of credit unions with assets in excess of $500 million. The conference, slated for August...
Articles 2008-06-03
Lombard Announces Investment in Asiasoft Corporation PCL
SAN FRANCISCO, June 2 /PRNewswire/ -- Lombard Investments, Inc. is pleased to announce that it has invested approximately $11.7 million to acquire 10% of Southeast Asia's leading online entertainment service provider, Asiasoft Corporation Public Company Limited ("Asiasoft") (ticker: AS.BK), through a series of transactions involving new and existing common...
Articles 2008-06-02
Ready to order?
Food Special How to decipher a modern menu When most of us look at a menu we are, usually, too busy salivating over what we are about to eat to pay too much attention to the choice of font or the thickness of...
Articles 2008-06-01
Bank set to keep base rate at 5% as inflation continues to rise
Homeowners are likely to get little respite from high borrowing costs this week, with City economists predicting that the Bank of England will keep interest rates on hold when its rate-setting Monetary Policy Committee meets on Thursday. The committee is expected to keep rates at 5 per...
Articles 2008-06-01
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