Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Legal & General    LGEN   GB0005603997

LEGAL & GENERAL (LGEN)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets
OFFRE

Legal & General : Trustees of British Airways-sponsored retirement scheme close to pension buy-in deal -Sky News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/12/2018 | 10:58pm CEST
FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London

(Reuters) - Trustees of British Airways-sponsored Airways Pension Scheme are close to a deal with Legal & General to insure more than 4 billion pounds ($5.22 billion) of its historic pension liabilities, Sky News reported on Wednesday.

The talks have been ongoing for months and could be concluded within days, Sky said, citing sources close to British Airways.

A spokesperson for the Airways Pension Scheme trustees declined to comment. Legal & General said it had no comment on the report.

($1 = 0.7664 pounds)

(Reporting by Philip George in Bengaluru; Editing by Mark Heinrich)

Stocks mentioned in the article
ChangeLast1st jan.
INTERNATIONAL CONSOLIDATED AIRLINES GROUP -1.33% 650.3 Delayed Quote.1.29%
LEGAL & GENERAL 0.11% 263.6 Delayed Quote.-3.70%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LEGAL & GENERAL
09/25LEGAL & GENERAL : Royal Liverpool Hospital`s cladding hampers rescue deal
AQ
09/24LEGAL & GENERAL : develops digital partnership with GrowthEnabler
PU
09/24LEGAL & GENERAL : New report from Legal & General reveals the future of leisure ..
PU
09/19INCLUSIVE CAPITALISM : making profit without pain?
PU
09/19LEGAL & GENERAL : Agrees GBP 285 Million Bulk Annuity With a Fortune 500 Company
AQ
09/18LEGAL & GENERAL : It’s time for the cities of the North to drive our prosp..
PU
09/18UK JUDGE : Spy evidence on dead Russian should stay secret
AQ
09/18LEGAL & GENERAL : agrees £285 million bulk annuity with a Fortune 500 company
PU
09/14LEGAL & GENERAL : £4.4bn pension deal is agreed
AQ
09/14LEGAL & GENERAL : L&G in record pension deal
AQ
More news
News from SeekingAlpha
08/09Legal & General Group Plc ADR 2018 Q2 - Results - Earnings Call Slides 
08/09Legal & General Group Plc reports 1H results 
06/21Legal & General (LGGNY) Investor Presentation - Slideshow 
04/09The Q1 2018 High Yield RIC Portfolio Update 
03/26Legal & General Group Plc (LGGNF) Presents At Deutsche Bank's Depositary Rece.. 
Financials (GBP)
Sales 2018 7 310 M
EBIT 2018 2 212 M
Net income 2018 1 792 M
Debt 2018 1 979 M
Yield 2018 6,21%
P/E ratio 2018 9,00
P/E ratio 2019 7,74
EV / Sales 2018 2,42x
EV / Sales 2019 2,10x
Capitalization 15 687 M
Chart LEGAL & GENERAL
Duration : Period :
Legal & General Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LEGAL & GENERAL
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 2,88  GBP
Spread / Average Target 9,5%
EPS Revisions
Managers
NameTitle
Nigel David Wilson Group Chief Executive Officer & Executive Director
John Kingman Chairman
Jeff Davies Chief Financial Officer & Executive Director
Julia Susan Wilson Senior Independent Director
Mark Joseph Zinkula Director, CEO-Legal & Investment Management
Sector and Competitors
1st jan.Capitalization (M$)
LEGAL & GENERAL-3.70%20 662
BLACKSTONE GROUP LP21.92%47 763
T. ROWE PRICE GROUP5.12%26 987
KKR & CO INC34.14%23 416
AMUNDI-7.74%15 448
HARGREAVES LANSDOWN25.47%14 054