UK Insurer LV= confirms deal discussions

© Reuters.

(Reuters) – British insurer LV= said on Monday it is in ongoing talks with a number of parties regarding a potential sale of the business.

The group made the statement following reports over the weekend that it was in takeover talks.

LV= sold its general insurance operations to Allianz (DE:) last year and said in June that it was considering a sale of its remaining life insurance and pension operations.

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