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Hedge Fund Lansdowne Partners' Short PositionsMarket Folly • Thu, Jun 17, 2010
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Preview from Europe: Stocks Facing Green Shoots, Or Just Weeds?The Mole • Tue, Apr 21, 2009
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Preview from Europe: Indices Drag Themselves HigherThe Mole • Wed, Feb 4, 2009
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Insurers: Despite Bad News, Short Interest LowData Explorers • Fri, Oct 17, 2008
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- | Earnings
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- Sunday, December 16, 2012, 3:56 AM Symetra Financial (SYA) has reportedly joined Apollo Global (APO) to bid for the U.S. unit of U.K. insurer Aviva (AV) and the companies could forge an agreement within days. However, Guggenheim Partners, which had joined Apollo in the bid, has dropped out. Any deal would come at a "substantial discount" to the subsidiary's book value, excluding debt, of £2.4B ($3.88B). Comment! [Financials, M&A]
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