Heidelberger Leben

Lloyds sells German life insurer for EUR 300 million to Cinven and Hannover RE

Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.

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Hannover Re plans to acquire minority stake in Heidelberger Leben

Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.

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Source - Lloyds prepares sale of German insurance business

According to sources, Lloyds Banking Group has prepared the sale of Heidelberger Leben to Hannover RE, following disposals of other businesses in the overseas market.

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