M&A

Chesnara buys Scottish Widows Europe from Lloyds for €110m

By Frank Prenesti

Date: Tuesday 17 Feb 2026

(Sharecast News) - Chesnara on Tuesday said it had signed a deal to buy Scottish Widows Europe, a Luxembourg based closed life insurance business from Lloyds Banking Group for €110m in cash.
The life assurance and pensions company said the acquisition would add €1.7bn of assets under administration and approximately 46,000...

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