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Brit Insurance Rejects GBP10.50 Indicative Offer From Apollo

By Vladimir Guevarra Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. insurer and reinsurer Brit Insurance Holdings NV (BRE.LN) on Friday said ...

Brit says £10.50 a share not enough

US private equity firm Apollo has told Brit Insurance it may be prepared to up its £10 a share bid by 50p, but the underwriter thinks this still under...

Brit Insurance: Apollo Mulls GBP10.50 Offer But Still Undervalues

LONDON (Dow Jones)--Brit Insurance Holdings (BRE.LN) said Friday it has informed by Apollo Global Management advisers that it is considering revising ...

Friday tips round-up: BT, Forth Ports, Wellstream

BT, the former state-owned telecoms monopoly, which has previously shown little aggression, attempted to nutmeg BSkyB by dramatically undercutting the...

Sunday newspaper round-up: Budget, Prudential, BP

The Chancellor, George Osborne, is expected to deliver on Tuesday one of the harshest Budgets in decades, as he attempts to grapple with the bloated p...

CORRECT: HEARD ON THE STREET: Apollo Takes A Swing At Brit

("=HEARD ON THE STREET: Apollo Takes A Swing At Brit." published at 1505 GMT on Friday, June 11 and repeated at 0530 GMT Monday, misstated the acquire...

HEARD ON THE STREET: Apollo Takes A Swing At Brit

(This article was originally published Friday.) By Hester Plumridge A DOW JONES COLUMN That's just not cricket! U.K.-based Brit Insurance ...

London close: BP recovery lifts Footsie

Footsie closed in the blue after recovering from an earlier dive on the back of disappointing retail sales in the US. BP was in focus as the oil giant...