The deal is scheduled to close in the first quarter of 2011, pending regulatory approvals, the Swiss insurer said.Country: Spain, Sector: InsuranceTarget: Unnim jointly owned companiesBuyer: Caixa da[euro](tm)Estalvis Unio de Caixes de Manlleu, Sabadell i Terrassa
(Unnim)Vendor: Zurich Financial Services AGDeal size in USD: 388mType: DivestmentStatus: Agreed
14 October 2010 - Moody's said Wednesday it withdrew Spanish savings bank Caixa d'Estalvis de Terrassa
's (Caixa Terrassa
) ratings after it merged with sector players Caixa Manlleu and Caixa Sabadell.
Netherlands-based AEGON (AGN.AS), an insurance company, has signed a life insurance, pension and health joint venture agreement with Spain-based savings bank, Caixa Terrassa
The Glasgow club lost their first pool match in Paris to Slough but saw off Terrassa
thanks to goals from Sam Judge and Morag McLellan.
Reading and Terrassa
are very strong, with several internationalists in their ranks, and the Swiss are a steadily improving outfit.
Cinco Dias cited sources close to the process as saying that Caixa Sabadell, Caixa Terrassa
and Caixa Manlleu put together a back-up merger plan to be used in case Caixa Girona abandoned the merger.
Caixa Sabadell, Terrassa
and Manlleu gave the green light to the start of their merger process in July 2009.
Spanish savings banks Caixa Sabadell, Terrassa
, Girona and Manlleu plan to open real estate offices following their merger, and offer employment to the staff affected by the deal, Caxa Terrassa
's general director told Catalunya Informacio news agency yesterday.