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Viridium attracting interest from insurance and investment companies

Written by Adam Cadle
15/07/2024

Cinven’s Viridium Group, a German life insurance consolidator, is drawing interest from insurance and investment companies.

A potential deal could value the company at more than €3bn ($3.27bn).

According to Bloomberg, Apollo Global Management affiliate Athora, Blackstone-backed Resolution Life and investment company Sixth Street are among the early suitors for Viridium Group.

Cinven has hired Goldman Sachs Group and Fenchurch Advisory to advise on the deal and has held initial talks with the suitors.


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