ABN AMRO PROFIT CAPPED BY CHARGES
Dutch bank ABN Amro Group NV said Friday that one-off charges
led to a sharp drop in second-quarter profit but that its
operational performance continued to improve. (published 0550
GMT)
RSA INSURANCE SELLS SINGAPORE, HONG KONG OPERATIONS FOR GBP130M
RSA Insurance Group PLC said Friday it has sold its operations
in Singapore and Hong Kong to Allied World Assurance Co. Holdings
Ltd. for 130 million pounds in cash, subject to obtaining the
relevant regulatory approvals. (published 0554 GMT)
CROWN IN DEAL WITH AUSTRALIA STATE TO EXTEND LICENSE
Billionaire James Packer's Crown Resorts Ltd. has struck a deal
with the government of Australia's southern Victoria state to
extend the license for its flagship Melbourne casino, and allow it
to add tables and slot machines in exchange for a series of
payments. (published 0033 GMT)
DELTA LLOYD COMPLETES LONGEVITY DEAL WITH REINSURANCE GROUP OF AMERICA
Delta Lloyd N.V. (DL.AE) said Friday it has completed a
transaction with Reinsurance Group of America to mitigate longevity
risk related to its Dutch life insurance portfolio. (published 0546
GMT)
INDIA'S ARVIND TO BRING GAP STORES TO INDIA
India's Arvind Ltd. Friday said it plans to open retail outlets
in India with U.S. apparel retailer Gap Inc. (published 0517
GMT)
MEXICAN RETAILER COMERCI TO SELL RESTAURANT BUSINESS TO GIGANTE FOR $81 MILLION
Mexican retailer Controladora Comercial Mexicana SAB, or
Comerci, said it has agreed to sell its restaurant division to
competitor Grupo Gigante SAB for $1.06 billion pesos . (published
0454 GMT)