76670 results returned for search: "" category "Business"
McLennan and Fund America, will be issued 3.4 million shares.
The move results from exercise of options and agreements between Mid Ocean and the three sponsors when the property catastrophe reinsurer was set up.
Earlier this month, Mid Ocean reported...
DATE: Dec 24, 1996
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Six new international insurers were incorporated here last month, bringing the total number of new arrivals for the year to 82, against 29 that were de-registered.
By the end of November, registered insurers had grown to 1,454, an increase of 59 over...
DATE: Dec 24, 1996
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AUTHOR:
David Fox, Business Editor
hands than last year. ------ Page 2 $130.4 MILLION IN RETAILERS TILLS BUC $130.4 million in retailers tills Summertime spending in Bermuda's shops landed $130.4 million in retailers tills, according to the latest Government statistics. Spending in...
DATE: Dec 24, 1996
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from nine to 11 and approved a new series of capital shares.
New directors include Sidney Lapidus, David Tanner and John Sweeney. Mr.
Lapidus and Mr. Tanner are managing directors of E.M. Warburg, Pincus & Co.
Inc.
Mr. Sweeney is a senior vice presid...
DATE: Dec 24, 1996
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NEW YORK (Wall Street Journal) -- Bermuda-based ADT Ltd. specialises in keeping people out of other folks' houses. Western Resources Inc. is making a $2.8 billion bet that it can use ADT to get into those houses.
Behind Western Resources' hostile bid...
DATE: Dec 24, 1996
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specialised bond fund, Fleming Leveraged Emerging Market Portfolio Ltd.
The $155.4 million Cayman Islands-incorporated fund will invest its assets in subordinated notes issued by its subsidiary Fleming CBO I (Cayman) Ltd.
The move to list in Bermuda ...
DATE: Dec 24, 1996
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NEW YORK (Bloomberg) -- In eight months, Western Resources Inc. shelled out $5 billion in unsolicited bids to acquire Bermuda-based ADT Ltd. and Kansas City Power & Light Co.
"It's unusual'' to wage two uninvited takeovers in so short a time, said Jo...
DATE: Dec 24, 1996
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tills, according to the latest Government statistics.
Spending in the retail sector went up 2.1 per cent on gross turnover for the third quarter of 1996 compared to the third quarter in the previous year.
All sectors of the retail market showed incre...
DATE: Dec 24, 1996
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AUTHOR:
Raymond Hainey, Assistant News Editor
retailers for their criticisms that BIBA members pay a lot less in taxes than retailers.
BIBA chairman Tom Davis said efforts by retailers to invoke public sentiment was "disrespectful'' of the political process.
In the December issue of BIBA's newsl...
DATE: Dec 23, 1996
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AUTHOR:
David Fox, Business Editor
don't let that stop you. Those and many other offshore mutual funds are available to anyone, US resident or otherwise, who is willing to put in the time and the money to search them out. In many cases, the effort is worthwhile. The offshore mutual fu...
DATE: Dec 23, 1996
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