The decreasing trading performance of Zurich's General Insurance business has caused Zurich to terminate offer discussions with RSA. Zurich's due diligence findings on RSA met Zurich's expectations and did not contain any data that would have caused Zurich to withdraw their offer.
Showing posts with label offer. Show all posts
Showing posts with label offer. Show all posts
21 September 2015
Zurich/RSA Offer Comes to a Conclusion!
On July 28th 2015, Zurich, a global financial services company, openly considered purchasing the RSA Insurance Group. RSA owns Pets Plus Us, a new and unique pet insurance provider for pet owners in Canada.
The decreasing trading performance of Zurich's General Insurance business has caused Zurich to terminate offer discussions with RSA. Zurich's due diligence findings on RSA met Zurich's expectations and did not contain any data that would have caused Zurich to withdraw their offer.
The decreasing trading performance of Zurich's General Insurance business has caused Zurich to terminate offer discussions with RSA. Zurich's due diligence findings on RSA met Zurich's expectations and did not contain any data that would have caused Zurich to withdraw their offer.
22 June 2015
Blue Buffalo Files for Public Stock Offering
The pet food company, Blue Buffalo Pet Products Inc. “has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.” The offering is not yet effective and the cost and number of shares to be made available are not public knowledge. Blue Buffalo applied to have its common stock listed on NASDAQ Global Select Market under BUFF. CNBC said that Blue Buffalo could raise up to $500 million USD.
The common stock shares will be sold by existing stockholders. Some shares will be sold to individual investors through a platform administered by LOYAL3. Blue Buffalo will offer free shares to 1,600 non-management employees.
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