Permanent sold to Liverpool Victoria Friendly Society
Equitable Life Assurance Company is to sell its wholly-owned subsidiary Permanent Insurance Company, ...
Equitable Life Assurance Company is to sell its wholly-owned subsidiary Permanent Insurance Company, to Liverpool Victoria Friendly Society for approximately £150m.The final amount, payable in cash on completion, is subject to adjustment but not expected to alter greatly. The sale is expected to be completed by early 2001.
Permanent Insurance provides critical illness, long-term care, income protection and life assurance products, distributed through independent financial advisors. It
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