Oaktree-backed LCCG to buy Generali Worldwide Insurance, General Link
Life Company Consolidation Group, a portfolio company of Oaktree Capital, plans to buy Generali Worldwide Insurance Co Ltd and General Link Ltd. Assicurazioni Generali SpA, the seller, said it would receive 409 million euros ($476 million). Generali Worldwide, of Guernsey, provides single premium and regular premium unit linked investment solutions to customers outside of the EU. Generali Link, of Ireland, is a shared service provider with a focus on fund and policy administration.
19 July 2018•3 mins read
