UK Insurer LV= confirms deal discussions
(Reuters) - British insurer LV= said on Monday it is in ongoing talks with a number of parties regarding a potential sale of the business.
The group made the statement following reports over the weekend that it was in takeover talks.
LV= sold its general insurance operations to Allianz last year and said in June that it was considering a sale of its remaining life insurance and pension operations.
(Reporting By Rachel Armstrong)