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Slowdown on the sale of life insurance from ex-Barclays France

Posted on Jan 12, 2021 3:14 PM

The sale of Aviva France is entering a decisive phase. That of another smaller player, it is bogged down: the life insurance portfolio of Milleis. Several months after the launch of the sale process, the former Barclays retail bank in France has not obtained the desired price, according to several sources familiar with the matter.

Two candidates were however anticipated: Societe Generale, business partner of the former Barclays, and the American investment fund Blackstone. When questioned, none of the parties to the case wished to comment.

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