Insurance Post

LV approached by 'number of parties' over possible GI unit sale

M&A news

LV has confirmed that it has been approached by a “number of parties” regarding possible strategic transactions relating to its general insurance operations.

Sky News reported on Friday that Allianz was in talks to acquire LV’s GI division, which is quoted to be worth £1bn. Allianz and LV were approached by Post but both declined to comment.

LV said in a

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