March 19 (Reuters) - ALLIANZ SE ALVG.DE:
CONSORTIUM OF TOP-TIER INSURERS AND ASSET MANAGERS TO ACQUIRE LEADING EUROPEAN LIFE INSURANCE CONSOLIDATOR VIRIDIUM
CONSORTIUM OF TOP-TIER INSURERS AND ASSET MANAGERS TO ACQUIRE LEADING EUROPEAN LIFE INSURANCE CONSOLIDATOR VIRIDIUM
VIRIDIUM WILL CONTINUE TO OPERATE AS AN INDEPENDENT, STAND-ALONE PLATFORM FOR MANAGEMENT OF CLOSED LIFE INSURANCE PORTFOLIOS
TRANSACTION IS EXPECTED TO CLOSE IN SECOND HALF OF 2025
TRANSACTION VALUE AMOUNTS TO APPROXIMATELY EUR 3.5 BN
OWNERSHIP IS DISTRIBUTED AMONG CONSORTIUM MEMBERS AND FINANCIAL INVESTORS, WITH T&D HOLDINGS ACQUIRING LARGEST SHARE
Further company coverage: ALVG.DE
(Gdansk Newsroom)
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