Lloyds Banking Group sells German life insurance unit for $403 million

LONDON (Reuters) – British state-backed lender Lloyds Banking Group said on Wednesday it had sold German life insurer Heidelberger Leben to a joint venture between private equity group Cinven and Hannover Re for around 300 million euros ($403 million).

Powered by WPeMatico

This entry was posted in World News. Bookmark the permalink.

Comments are closed.