Deals
Goldman-Backed Rothesay Life to Buy MetLife U.K. Unit
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Rothesay Life Ltd., the insurer run by former Goldman Sachs Group Inc. Managing Director Addy Loudiadis, agreed to buy a U.K. annuity business with about 3 billion pounds ($5 billion) of assets under management from MetLife Inc.
The deal for MetLife Assurance covers benefits to more than 20,000 individuals in the U.K. and Ireland, according to a statement today from the companies.