CalFed to Sell Insurer: CalFed Inc. said...
- Share via
CalFed to Sell Insurer: CalFed Inc. said it agreed to sell Anglo American Insurance Co., a London-based property casualty business, for about $100 million to John Head & Associates, a New York merchant banking company. CalFed, the Los Angeles parent of California Federal Bank, started Anglo American in 1987, injecting $80 million into the firm. CalFed said the sale must be approved by the British Department of Trade and Industry.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
