12th Dec 2018 18:19
LONDON (Alliance News) - Legal & General Group PLC is planning to sell its general insurance operations, Sky News reported on Wednesday.
Chief Executive Nigel Wilson, Sky News said, is to meet with investment bankers to oversee a sale three years after an attempt to hive it off failed.
The sale, Sky News said, could be worth over GBP300 million, and potential buyers have already been alerted.
https://news.sky.com/story/lg-plots-300m-sale-of-home-and-contents-insurance-arm-11578686
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