49296 results returned for search: "" category ("Other" AND "Business")
News of the purchase emerged last when the company applied to the Development Applications Board to relocate an existing Belco sub-station to a new underground site on the Philips House/ Gibbons Company Building site between Reid and Church streets.
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DATE: Aug 03, 1998
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General Electric Co., agreed to buy Kemper Reinsurance Co., part of Kemper Insurance Cos., to broaden its insurance business around the world.
Stamford, Connecticut-based GE Capital will pay an undisclosed sum for a business that generated $807 milli...
DATE: Aug 03, 1998
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a share, for the first five months in operation ended June 30.
The company began underwriting through subsidiary Oracle Reinsurance Co. Ltd.
on January 27.
The company previously reported profits of $2.8 million, or $1.38 a share, for the first two m...
DATE: Aug 03, 1998
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Mid Ocean Ltd. shareholders who want cash instead of shares in EXEL Ltd. will receive $81.23125 for each new share they would have been entitled to receive.
EXEL announced earlier this year it had agreed to pay $2.1 billion in stock for the 73 percen...
DATE: Aug 03, 1998
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AUTHOR:
Ahmed Elamin
delayed the sale of subsidiary Admiral Insurance Service.
The subsidiary is one of the UK's five largest auto insurance businesses.
According to Bloomberg News, Brockbank had three bidders -- including General Electric Capital Corp. -- who were willi...
DATE: Aug 03, 1998
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Bermuda Stock Exchange through newly created subsidiary Reid Services Ltd.
The subsidiary will be a means of marketing a listing on the BSX to Asian companies. AS&K has a subsidiary law firm in Hong Kong.
Peter Bubenzer, head of AS&K's company depart...
DATE: Jul 29, 1998
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Africa Equity (Rand) Fund have been approved for listing of up to 100 million shares in each fund on the Bermuda Stock Exchange.
The funds are open-end mutual funds incorporated in Bermuda.
"The objective of the Euro funds is capital appreciation in ...
DATE: Jul 29, 1998
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rose 93 percent, beating estimates, on higher ticket prices, new ships and cost savings from its $1.3 billion purchase of Celebrity Cruises Inc.
The world's second-largest cruise operator said profit before a charge rose to $88.8 million, or 97 cents...
DATE: Jul 29, 1998
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digital fibre optic cable systems. It is also planning to strengthen its presence on the Island. Ahmed ElAmin reports International telecommunications company Global Crossing Ltd., which has ambitions of becoming a world leader, plans to beef up sub...
DATE: Jul 29, 1998
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Bermuda could be in line for a massive cash spin-off from a billion-dollar deal for Russian aircraft.
And The Royal Gazette has learned that Bermuda Aircraft Registry chiefs have already opened talks with a view to slapping Bermuda's unique VR-B regi...
DATE: Jul 29, 1998
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AUTHOR:
Raymond Hainey, Assistant News Editor
