Lloyds Bank completes €300m German life insurer sale
Lloyds Banking Group has completed the sale of life insurer Heidelberger Leben to a combination of Hannover Re and Cinven, a private equity group.
The sale was confirmed today after Hannover Re confirmed earlier this week that it was in talks for the business.
Funds advised by Cinven will acquire 80% of Heidelberger Leben shares, leaving
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