Private equity giant eyes UK bulk annuity market - reports

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Private equity firm Blackstone is looking to gain access to the UK bulk annuity market by buying a stake in Goldman Sachs' bulk insurance vehicle Rothesay Life, according to reports.

The Telegraph reports that talks are at an early stage between New York-based Blackstone and Goldman Sachs, which has announced its intention to sell Rothesay (PP Online, 9 August). The newspape...

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