Hannover Re and buyout firm Cinven have agreed to pay £250mn ($390mn) in cash for Heidelberger Leben, the German life insurance arm of bailed-out UK lender Lloyds Banking Group.
Hannover Re and buyout firm Cinven have agreed to pay £250mn ($390mn) in cash for Heidelberger Leben, the German life insurance arm of bailed-out UK lender Lloyds Banking Group.