Insurers jostle to give dealmakers cover for when things go wrong

Insurers jostle to give dealmakers cover for when things go wrong

A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say.  Keen for revenue after a year marked by...
Billionaire Issa brothers snap up German petrol chain for £440m

Billionaire Issa brothers snap up German petrol chain for £440m

British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan...