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Last $3.90 USD
Change Today 0.00 / 0.00%
Volume 0.0
LGGNF On Other Exchanges
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LGGNF is not on other exchanges.
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

legal & general group plc (LGGNF) Key Developments

Legal & General to Close its Surrey Headquarters

Legal & General is to close its Surrey headquarters as part of a cost cutting drive that has already seen senior staff exit and a major restructuring of business divisions. The company employs 1,700 people in its purpose built, 50 acre Kingswood office but says it will be closing it 'over the long-term' as part of 'efficiency' savings.

Legal & General Group Plc Presents at Goldman Sachs 19th Annual European Financials Conference 2015, Jun-15-2015

Legal & General Group Plc Presents at Goldman Sachs 19th Annual European Financials Conference 2015, Jun-15-2015 . Venue: Rome, Italy. Speakers: Mark J. Gregory, Group Chief Financial Officer, Executive Director, Member of Group Insurance Risk Committee and Member of Group Investment & Market Risk Committee.

Legal & General Reportedly To Divest French Insurance, Private Bank Units

Legal & General Group Plc (LSE:LGEN) seeks to divest its insurance and private-banking units in France, a person with knowledge of the matter said. Lazard Ltd. is advising on the sale and the process is in its final stages, said the person. Les Echos reported the sale earlier that valued the business at €150 million to €200 million.

Legal & General To Sell Cofunds

Legal & General Group Plc (LSE:LGEN) is planning to sell Cofunds Holdings Limited, New Model Adviser can reveal. Fenchurch Advisory Partners has been appointed as an advisor for the possible sale. An information memorandum has been sent to potential suitors and a deadline for initial bids is set for the end of July 2015. Deloitte is representing the private equity house and KPMG is representing the trade bidder. L&G, Fenchurch, Deloitte, KPMG and Cofunds all declined to comment.

Simon Lloyd to Leave Legal & General as Finance Director for Retail Savings

Cofunds announced that Simon Lloyd has left the business as finance director. Lloyd, who was also Legal & General's finance director for retail savings, has left both companies. Lloyd has been replaced by Michael Rudge, formerly managing director of insured savings at L&G.

 

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LGGNF Competitors

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Company Last Change
Mapfre SA €3.05 EUR -0.03
Old Mutual PLC 204.80 GBp -0.90
Societe Generale SA €42.05 EUR -0.27
Swiss Life Holding AG SFr.217.50 CHF 0.00
Swiss Re AG SFr.83.65 CHF -0.10
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Industry Analysis

LGGNF

Industry Average

Valuation LGGNF Industry Range
Price/Earnings 15.2x
Price/Sales 0.8x
Price/Book 2.5x
Price/Cash Flow 15.2x
TEV/Sales 0.8x
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