FilingReader Intelligence
T&D Holdings completes €116bn stake in German insurer Viridium
August 3, 2025 at 11:19 PM UTC•By FilingReader AI
T&D Holdings announced completion of its subsidiary TDUC's acquisition of a 29.9% stake in Viridium Group for approximately ¥116 billion.
The consortium includes Allianz, BlackRock, Generali Financial Holdings, Hannover Re, and T&D Holdings. Santander Insurance and PG3 will replace Hannover Re as shareholders by September 2025.
Viridium manages €68.5 billion in assets and reported €361 million net income as of December 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:8795•Tokyo Stock Exchange
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