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  3. Legal & General Share Price
  4. Legal & General Share News
  5. L&G hires Goldman Sachs to advise on bid for Co-Op insurance unit-source

Pin to quick picksLegal & General Share News (LGEN)

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Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 232.80
Bid: 233.10
Ask: 233.20
Change: -15.80 (-6.36%)
Spread: 0.10 (0.043%)
Open: 235.00
High: 238.00
Low: 231.40
Prev. Close: 248.60
LGEN Live PriceLast checked at -

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L&G hires Goldman Sachs to advise on bid for Co-Op insurance unit-source

Thu, 12th Dec 2013 16:35

LONDON, Dec 12 (Reuters) - UK Insurer Legal & General has hired Goldman Sachs to advise on a possible bid forthe general insurance arm of the Co-operative Group, a sourcefamiliar with the process said.

The group, which has already sold its life insurance andsavings business, expects to sell its general insurance businessduring 2014.

Legal & General, Goldman Sachs and the Co-op declined tocomment.

The Co-op group is battling a capital shortfall at its bankand scandal over alleged drug-taking by its former chairman.

Earlier on Thursday it appointed ex-Treasury minister PaulMyners to review its operations for a token one-pound salary.

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 13:55

Anglo American shareholder Redwheel joins LGIM against BHP proposal

LONDON, April 25 (Reuters) - Anglo American investor Redwheel said on Thursday the buyout proposal from BHP Group "does not reflect the value" in the London-listed miner's assets or growth pipeline, as shareholders begin to speak out against a merger.

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25 Apr 2024 13:19

Anglo shareholder LGIM says BHP approach "unattractive"

LONDON, April 25 (Reuters) - Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive".

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18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
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Monday 22 April 
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Tuesday 23 April 
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Wednesday 24 April 
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LONDON MARKET OPEN: FTSE 100 rises; JD Sports jumps as affirms outlook

(Alliance News) - The FTSE 100 in London opened up on Thursday on the final trading day of a holiday-shortened week, shaking off some hawkish words from a US central banker and some tepid UK economic data.

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28 Mar 2024 08:08

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(Alliance News) - Stocks in London traded higher early on Thursday in the final trading day of a holiday-shortened week, despite some hawkish words from a US central banker.

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22 Mar 2024 07:21

Legal & General scales back China plans - report

(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.

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14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

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6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

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6 Mar 2024 08:56

LONDON MARKET OPEN: Stocks up with all eyes on UK Spring budget

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6 Mar 2024 08:40

TOP NEWS: L&G prepares for strategic revamp after profit shortfall

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L&G posts below-forecast operating profits

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