Tag Archives: financial services industry

CVC Finalizes Agreement to Sell Leading Peruvian Cash Management Firm Hermes to Loomis

(IN BRIEF) CVC Capital Partners has agreed to sell its entire stake in Hermes Transportes Blindados S.A. to Loomis in a deal valued at SEK 4 billion, representing a full exit for its investment fund. Hermes, a leading cash management … Read the full press release

Proposed Transaction Enhances Swiss Re Corporate Solutions Capabilities in Supporting Corporate Payment and Performance Risk Management

(IN BRIEF) Swiss Re Corporate Solutions has agreed to acquire QBE Insurance Group’s Global Trade Credit and Surety business, aiming to expand its specialty insurance platform and strengthen services that help corporations manage payment and performance risks. The portfolio, with … Read the full press release