Allianz, BlackRock, and T&D Form Consortium for Viridium Stake
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)
