Equity firms eye up Insight
PRIVATE equity houses Hellman & Friedman and TA Associates are eyeing a possible acquisition of Insight, the fund management arm owned by Lloyds Banking Group, reports have claimed.
It is understood that the private equity firms have had access to Insight's books, suggesting they are the leading contenders for an acquisition of what was formerly seen as a core HBOS business.
Around 70 billion of Insight's 116bn assets are up for sale. Bids of up to 300bn are expected for the assets.
- Rangers run into the ground as furious HMRC battles to claw back tax
- Broken Rangers: Club signals intention to go into administration
- Rangers: ‘Crisis will soon be over and Rangers FC will survive’
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Rangers blame HMRC for driving club to brink of administration
- Devo-max merely a dodgy back-up plan to save SNP, says Jim Sillars
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- The Rumour Mill: Thursday’s football news and gossip
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Wednesday’s football news and gossip
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Friday 17 February 2012
Today
Cloudy
Temperature: 5 C to 11 C
Wind Speed: 23 mph
Wind direction: South west
Tomorrow
Cloudy
Temperature: -1 C to 6 C
Wind Speed: 25 mph
Wind direction: West

