Ageas
News round-up: Insurers
Brit has formally accepted an offer of £888m from Apollo Management and CVC Capital Partners. The deal if agreed by shareholders is £10.75 for each share plus a further 25p if targets are met.
Fortis begins name change to Ageas
Fortis Insurance UK has begun a phased approach to change its name to Ageas in the UK. This follows the approval of shareholders earlier in the year to adopt the new name reflecting the company’s status as a standalone global insurance group after the…
Results news: Fortis to plough on with rebranding despite loss
Fortis UK has confirmed it will complete its rebrand to Ageas by the first quarter of 2011, after announcing a £1.8m loss during Q1 2010 (Q1 2009: £4m profit).
Fortis unveils ‘Ageas’ logo
Fortis has confirmed that shareholders have given the green light for the group to adopt the new name “Ageas”.
Fortis rebrand and expansion on horizon despite profit loss
Fortis UK is to expand its commercial ambitions in the wake of a near £50m drop in profits and ahead of an enforced rebrand.