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BRIEF-Munich Re: Ergo ends talks on sale of life portfolios​
November 28, 2017 / 5:00 PM / 20 days ago

BRIEF-Munich Re: Ergo ends talks on sale of life portfolios​

Nov 28 (Reuters) - Munich Re:

* ERGO ENDS DISCUSSIONS CONCERNING SALE OF ITS GERMAN LIFE INSURANCE COMPANIES WITH TRADITIONAL LIFE INSURANCE PORTFOLIOS​

* ‍ERGO WILL CURRENTLY NOT PURSUE SALE OF ITS TRADITIONAL LIFE INSURANCE PORTFOLIOS ANY FURTHER​

* ‍DECISION FOLLOWS ASSESSMENT OF NON-BINDING OFFERS SUBMITTED BY POTENTIAL BUYERS AND A DISCUSSION OF VARIOUS OPTIONS AVAILABLE.​ Further company coverage: (Reporting By Douglas Busvine)

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