Recommended cash off by Liverpool Victoria Insurance Company Limited for Highway Insurance Group Plc (28 Aug) New South Wales Electricity Privatisation (21 Aug) Raising of Acquisition Facility by Towergate Financial. Arranged by Royal Bank of Scotland and Lloyds TSB (25 Jul) Acquisition of Imagines' Lloyds Operations by Max Capital (24 Jul) Sale by Chaucer of Pembroke to Ironshore (1 Jul) Sale of Partnership Assurance to Cinven (10 Jun) Sale of 25% stake in Nephila Capital to Man Group (6 Jun) Towergate issued £100m of preferred ordinary shares to an investor group led by Och-Ziff Capital Management Group (4 Apr) Severn Power signs contracts with Siemens for build and operation of new power station in South Wales (31 Mar) TfL announces plans to take over Tramlink services (17 Mar) AXA UK launches offer to acquire SBJ Group Limited (4 Mar) Standard Life reinsures £6.7bn of annuity liabilities (14 Feb) Acquisition by Scottish and Southern Energy of Airtricity Holdings Limited (4 Jan) Equitable Life completes transfer of with-profits annuities (2 Jan) Acquisitions Monthly awards Lexicon Partners Joint Financial Services Adviser of the Year