The latest in a long line of bids for life insurer Scottish
Widows has been made by a private equity firm.
Lloyds Banking Group has often looked at selling the company
and the new European capital requirements coming up that mean that banks that
own large insurers must hold more capital than those who do not, may tip the
scale.
Both parties have made comments, but these have to be taken with a pinch
of salt as the sellers want the best price and the buyers want the lowest one.
Life insurance news: 7 May 2012
