The PMI Group, Inc. Mergers and Acquisitions


The PMI Group, Inc.

PMI Plaza
3003 Oak Road
Walnut Creek, CA 94597-2098
United States
Tel:1/925.658.7878
URL: http://www.pmigroup.com
Primary Symbol & Exchange:
PMI - Common Stock - New York Stock Exchange
Industry:
Insurance
The PMI Group, Inc. Company Snapshot

The PMI Group, Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

The PMI Group, Inc. M&A History


QBE Insurance Group Ltd acquires PMI Mortgage Ins Asia Ltd from PMI Group Inc QBE Insurance Group Ltd acquires PMI Mortgage Ins Asia Ltd from PMI Group IncDec 17, 2008

HONG KONG - QBE Insurance Group Ltd (QI) acquired PMI Mortgage Insurance Asia Ltd (PM), a mortgage insurance services provider, from PMI Group Inc for HK$###.## million (US$##.###) in cash and HK$##.### million (US$##

QBE Insurance Group Ltd acquires PMI Mortgage Ins AU Hldg from PMI Group Inc QBE Insurance Group Ltd acquires PMI Mortgage Ins AU Hldg from PMI Group IncOct 22, 2008

AUSTRALIA - QBE Insurance Group Ltd (QI) acquired PMI Mortgage Insurance Australia Holdings Pty Ltd, an insurance company, from PMI Group Inc. Concurrently, QI agreed to acquire PMI Mortgage Asia Ltd. The two transactions were to have a combined value of

PMI Mortgage Ins AU Hldg acquires a minority stake in Rismark International PMI Mortgage Ins AU Hldg acquires a minority stake in Rismark InternationalSep 18, 2007

AUSTRALIA - PMI Mortgage Insurance Australia Holdings Pty Ltd, a wholly-owned unit of PMI Group Inc acquired a #% stake in Rismark International, a global funds management services provider.

CSFB (USA) Inc acquires SPS Holding Co from PMI Group Inc CSFB (USA) Inc acquires SPS Holding Co from PMI Group IncOct 04, 2005

US - Credit Suisse First Boston USA Inc, a unit of Credit Suisse First Boston acquired all the outstanding stock of SPS Holding Corp, a provider of financial services, for an estimated $###.# mil. The transaction had been subject to

PMI Mortgage Co Ltd acquires Royal & Sun Alliance-UK Lender from Royal & Sun Alliance Ins Grp PMI Mortgage Co Ltd acquires Royal & Sun Alliance-UK Lender from Royal & Sun Alliance Ins GrpApr 05, 2004

UK - PMI Mortgage Insurance Co Ltd of Ireland, a unit of PMI Group Inc, acquired the UK lenders mortgage insurance business of Royal & Sun Alliance Insurance Group PLC. The transaction was subject to the approval of UK Court and regulatory authorities.

Fidelity Natl Finl Inc acquires American Pioneer Title Ins Co from PMI Group Inc Fidelity Natl Finl Inc acquires American Pioneer Title Ins Co from PMI Group IncMar 22, 2004

US - Fidelity National Financial Inc acquired American Pioneer Title Insurance Co, an insurance company, from PMI Group Inc, for $### mil in cash. The transaction was subject to the approval of regulatory authorities.

PMI Group Inc acquires Fairbanks Capital Corp PMI Group Inc acquires Fairbanks Capital CorpJul 17, 2002

US - PMI Group Inc raised its stake to ##% from ##% in Fairbanks Capital Holding Corp, a mortgage bank, for $##.# mil.

PMI Group Inc acquires a minority stake in Fairbanks Capital Corp PMI Group Inc acquires a minority stake in Fairbanks Capital CorpDec 20, 2001

US - PMI Group Inc raised its stake to ##% in Fairbanks Capital Corp, a mortgage bank, by acquiring an undisclosed minority stake from Nomura Holdings America Inc.

PMI Mortgage Ins AU Hldg acquires CGU Insurance Au-Lenders Mortg from Aviva PLC PMI Mortgage Ins AU Hldg acquires CGU Insurance Au-Lenders Mortg from Aviva PLCJun 29, 2001

AUSTRALIA - PMI Mortgage Insurance Australia Holdings Pty Ltd, a unit of PMI Group Inc acquired the lenders mortgage insurance business from CGU Insurance Australia Ltd, an insurance company, ### mil Australian dollars ($##.###).

PMI Group Inc acquires a minority stake in Fairbanks Capital Corp PMI Group Inc acquires a minority stake in Fairbanks Capital CorpApr 14, 2000

US - PMI Group acquired an undisclosed minority stake in Fairbanks Capital Corp, an investment bank, for approximately $## mil.

PMI Group Inc acquires MGICA Ltd from AMP Ltd PMI Group Inc acquires MGICA Ltd from AMP LtdJun 11, 1999

PMI Group Inc acquired MGICA Ltd, a unit of AMP Ltd, for ###.### mil Australian dollars ($##.# mil US).

PMI Mortgage Services Co acquires CLM Technologies Ltd PMI Mortgage Services Co acquires CLM Technologies LtdMay 21, 1997

PMI Mortgage Services, a unit of PMI Group's PMI Mortgage Insurance subsidiary, acquired CLM Technologies. Terms were not disclosed.

Ford Motor Co withdraws offer for PMI Mortgage Ins(PMI Group) Ford Motor Co withdraws offer for PMI Mortgage Ins(PMI Group)Apr 10, 1987

Ford's agreement in principle to acquire PMI Mortgage Insurance from Allstate Insurance, a unit of Sears Roebuck, was terminated. Neither Ford nor Allstate elaborated on the reason for the termination. Terms of the proposed transaction had not been disclosed

The PMI Group, Inc. M&A Summary


The PMI Group, Inc. has made 4 acquisitions while taking stakes in 4 companies. The PMI Group, Inc. has 4 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008002
2007010
2006000
2005001
2004101
2003000
2002010
2001110
2000010
1999100
1998000
1997100
Total444

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