Reinet Divests Stake in Pension Insurance Corporation Group

Reinet Investments S.C.A. has announced the completion of its transaction involving the sale of its entire shareholding in Pension Insurance Corporation Group Limited (PICG). This stake was acquired by Athora UK Holding Limited, a subsidiary of Athora Holding Ltd, for approximately GBP 2.9 billion (EUR 3.3 billion).

The transaction is part of a larger sale process, including shares held by other entities like the Abu Dhabi Investment Authority, CVC Capital Partners, and HPS Investment Partners, along with those of employees and additional shareholders.

Reinet highlighted in its announcement that this is for informational purposes and does not constitute an investment recommendation. The public can find more details through announcements by PICG and Athora available on their respective websites.