A consortium backed by Fortress Investment Groupand BlackRock Inc. is among suitors considering bids for German life insurance consolidator Viridium Group, people with knowledge of the matter said.
Blackstone Inc., Deutsche Bank AG’s asset management arm DWS Groupand Partners Group have also been studying Viridium, which could be valued at about €3 billion ($3.2 billion) in a deal, the people said. It’s also attracting early interest from insurers including Assicurazioni Generali SpA, which already owns a minority stake, as well as Apollo Global Management Inc.’s Athora affiliate and investment firm Sixth Street, ...
