Allianz is Frontrunner to Buy L&G Home-Insurance Unit -Sky News
29 April 2019 - 9:13PM
Dow Jones News
--Germany's Allianz is in advanced talks to buy the
home-insurance business of the U.K.'s Legal & General, reports
Sky News, citing unnamed sources.
--The L&G unit is valued by analysts at between GBP250
million and GBP350 million and could potentially be integrated into
Allianz's joint venture with Britain's LV=, according to Sky.
Full story: https://bit.ly/2ZKgfFp
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(END) Dow Jones Newswires
April 29, 2019 06:58 ET (10:58 GMT)
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