June 28, 2018 / 10:39 AM / 5 months ago

Generali to start exclusive talks with Viridium over German life book-source

FRANKFURT/MUNICH, June 28 (Reuters) - Generali is expected to enter exclusive talks with insurer Viridium shortly over the sale of its 40 billion euro ($48 billion) German life insurance portfolio, a person close to the matter said.

They added that no final decisions had been taken and talks could still fall apart.

Generali and private equity-backed Viridium declined to comment. ($1 = 0.8338 euros) (Reporting by Arno Schuetze and Alexander Huebner; Additional reporting by Carolyn Cohn; Editing by Edward Taylor and Christoph Steitz)

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