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14 May 2005

Shares news fuels takeover speculation

Old Mutual, which would have to pay £3 billion for the Skandia empire, said: "Discussions are at an early stage and may or may not lead to Old Mutual making an offer for Skandia."...

21 September 2011

Skandia announces jobs cuts at city HQ

Skandia UK manages assets worth £35.3m.

Skandia House

26 July 2006

Five crews get first taste of racing at world-famous regatta

Skandia has announced the five teams competing as the 2006 Skandia Squad at this year's Skandia Cowes Week on the Isle of Wight (29th July 5th August). This year's teams come from as far North as Dundee and as far South as Torquay in Devon.

30 August 2005

Intense talks in Old Mutual bid to take over Skandia

It also expressed its preference for backing from the Skandia board. Skandia said it would consider its response "if and when a final offer is presented". It declined to comment further.

2 December 2005

Old Mutual lowers the bar but Skandia's resisting a takeover

Old Mutual has slashed the level of support it requires from Skandia shareholders for the deal to go ahead from 90 to 50 per cent. Skandia bosses said the move showed a "lack of confidence" from Old Mutual and it urged shareholders not to sell up.

29 April 2010

New boss for 2,000 staff after surprise resignation

Skandia said that his departure would have “no impact” on staff, strategy or the planned job cuts.

Peter Mann

2 December 2003

Skandia rocked by scandal

Skandia said it would direct damages claims against former chief executive Lars-Eric Petersson, former finance chief Ulf Spang, and Ola Ramstedt, the former head of its life insurance arm Skandia Liv.

14 June 2008

Saints trust in Skandia as sponsor deal sealed

SOUTHAMPTON have announced a three-year sponsorship deal with financial group Skandia for their Saints in the Community Charitable Trust. Skandia, who are based in the city, will become the headline sponsor of the trust.

21 June 2005

£7.7bn Skandia takeover talks

In a separate development, Skandia UK is writing to affected policyholders after accidentally overcharging them over pension policy fees. Skandia, which blamed computer error, stressed that all shortfalls will be made good.

22 December 2005

How huge deal will affect Skandia staff

However, earlier this week the uncertainty was lifted when Old Mutual won control of Skandia after putting the contest to the vote. It received a majority of acceptances representing 64 per cent of Skandia shareholders.

27 September 2007

Green shift Mutually agreed for Skandia’s blue logo

Skandia, which manages £41 billion worth of assets, employs more than 1,200 people in Southampton. Julian Roberts chief executive of Skandia and Old Mutual director for Europe. "This is the first time Skandia will have a uniform logo.

21 December 2005

Business goes on after £2.9b Skandia takeover

Skandia had wanted to remain independent, claiming Old Mutual had undervalued the business.

24 July 2000

Regatta sails in as a big money-maker

"Our support has been instrumental in developing Skandia Life Cowes Week into its highly successful format. "We will work closely will all those involved to make Skandia Life Cowes Week 2000 the biggest and best of all.''...

12 August 2005

Mystery over Skandia talks

Skandia, too, is tight-lipped on the negotiations, with a UK spokesman saying she was unable to comment.

30 November 2005

Staff in win- win situation

Skandia UK, part of the Swedish Skandia group, manages £25 billion in assets, and made £160m profit in the last financial year.

13 November 2003

Skandia: We're not up for sale

Now Skandia has issued a strongly-worded public statement, setting the record straight. It said: "The Skandia Group is not offering the UK subsidiaries for sale." It also added: "The senior management is not exploring a management buyout."...

2 February 2005

New twist to Skandia bonuses scandal

However, as chairman of Skandia during the period in question I am willing to accept my moral responsibility for the events that occurred." Skandia is looking to take legal action against its former auditors.

12 January 2007

Skandia to stay in city

However there are major changes, with 600 workers based at its Skandia Point offices in Commercial Road being moved to either Skandia House or Mountbatten House in Grosvenor Square.

25 July 2000

Skandia Life Cowes Week Suppliment

But none of the other events compare to Skandia Life Cowes Week. Great racing, the party atmosphere, the numbers of boats, classes and competitors are just some reasons why Skandia Life Cowes Week has a unique standing in the UK sail-ing calendar.

5 July 2007

The Artemis Challenge at Skandia Cowes Week

The Artemis Challenge at Skandia Cowes Week has been introduced in order to promote the IMOCA Open 60 class in British waters - and where better to do that than at Skandia Cowes Week?...

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