Allianz, BlackRock and T&D in consortium for Cinven's Viridium stake
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A consortium including Allianz, BlackRock, and T&D Holdings is investing in Viridium Group in a $3.82 billion deal, leading to Cinven's exit as a majority investor.
March 19, 2025 | 12:15 pm
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BlackRock is part of a consortium investing $3.82 billion in Viridium Group, which could enhance its investment portfolio and influence in the insurance sector.
BlackRock's involvement in a significant investment deal suggests a strategic move to enhance its portfolio and influence in the insurance sector, likely viewed positively by investors.
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