Published by Global Banking & Finance Review®
Posted on March 19, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleAllianz, BlackRock, and T&D Holdings invest 3.5 billion euros in Viridium Group, with Cinven exiting as a majority investor.
FRANKFURT (Reuters) - A consortium that includes Allianz, BlackRock and T&D Holdings are investing in Viridium Group in a 3.5 billion euro ($3.82 billion) deal that will see the private equity company Cinven exit as a majority investor, Allianz said on Wednesday.
Viridium is a company that specializes in buying existing life insurance portfolios.
($1 = 0.9168 euros)
(Reporting by Tom Sims and Alexander Huebner; editing by Matthias Williams)
The main topic is the investment by Allianz, BlackRock, and T&D Holdings in Viridium Group, marking Cinven's exit as a majority investor.
The key players are Allianz, BlackRock, T&D Holdings, and Cinven.
Viridium specializes in buying existing life insurance portfolios.
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