M&A Deal Summary |
|
---|---|
Date | 2003-10-01 |
Target | Threadneedle Asset Management Holdings |
Sector | Financial Services |
Buyer(s) | American Express |
Sellers(s) | Zurich Insurance |
Deal Type | Divestiture |
Deal Value | 340M GBP |
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Category | Company |
---|---|
Founded | 1850 |
Sector | Financial Services |
Employees | 74,600 |
Revenue | 60.4B USD (2023) |
American Express is a global financial services company offering payment and credit services to consumers and businesses. The Company's principal products and services are charge and credit payment card products and travel-related services. American Express was incorporated in 1850 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 2 of 18 |
Sector (Financial Services) | 2 of 5 |
Type (Divestiture) | 1 of 3 |
Country (United Kingdom) | 1 of 2 |
Year (2003) | 1 of 1 |
Size (of disclosed) | 1 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1992-01-01 |
First Data
Atlanta, Georgia, United States First Data is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers. First Data was formed in 1989 and is based in Atlanta, Georgia. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2005-08-01 |
American Express Tax & Business Services
Minneapolis, Minnesota, United States American Express' Tax and Business Services Division is an accounting practice serving mid-sized businesses. |
Sell | $220M |
Category | Company |
---|---|
Founded | 1872 |
Sector | Insurance |
Employees | 60,000 |
Revenue | 70.0B USD (2023) |
Zurich Insurance is a multi-line insurer that serves its customers in global and local markets. Zurich provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. The Company was formed in 1872 and is based in Zurich, Switzerland.
DEAL STATS | # |
---|---|
Overall | 2 of 7 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 2 of 7 |
Country (United Kingdom) | 1 of 2 |
Year (2003) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-02-18 |
Zurich Life Insurance
Hong Kong, China Zurich Life Insurance Company is a provider of insurance and risk financing services. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2010-06-07 |
PT Mayapada Life
Jakarta, Indonesia PT Mayapada Life is a Indonesian life insurer focused on the distribution of group and individual life and health plans. |
Buy | - |