Luxembourg fund mulls £400m stake in Pension Insurance Corporation - UPDATED

Jonathan Stapleton
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A Luxembourg investment fund is in exclusive talks about a deal to invest £400m of new capital in Pension Insurance Corporation.

The specialist investment fund, Reinet, is in exclusive talks with the insurer's parent company, Pension Corporation, about the deal, which could see it take a 30% to 40% stake in PIC. Pension C...

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