Frankfurter Leben is lining up an offer for Athora Holding’s business in Germany.
According to Bloomberg, the German business is also attracting interest from asset manager, IKAV.
Apollo Global Management-backed Athora has been weighing the future of its German operation, including a possible disposal, after finding it difficult to expand the business.
Athora, Apollo Global Management and Frankfurter Leben all declined to comment through their representatives.
