Category: Business

Zurich Insurance Bags Stake in M&A Specialist Icen Risk to Boost US and Europe Reach
1

Apr

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Zurich Insurance Bags Stake in M&A Specialist Icen Risk to Boost US and Europe Reach

Zurich Insurance Group has stepped into the M&A insurance sector by acquiring a minority stake in Icen Risk, a UK-based company, to expand its presence in North America and Europe. The alliance aims to enhance insurance offerings for complex M&A deals, supported by Icen's strength in the market. The acquisition highlights Zurich's commitment to specialized insurance markets, with planned growth aligned to the expanding £2.5 billion sector.

Adani Group's Kenya Power Line Projects Still Under Negotiation Amid Key Hurdles
17

Sep

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Adani Group's Kenya Power Line Projects Still Under Negotiation Amid Key Hurdles

Negotiations between the Kenya Electricity Transmission Company (Ketraco) and Adani Energy Solutions Ltd. for building three power lines are ongoing, debunking claims of an awarded deal. Ketraco is keen to secure the best terms as Adani seeks a high return. The projects also face scrutiny amid Kenya's financing hurdles and public concerns over transparency.

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