Goldman Sachs completes £260m purchase of Paternoster

Jonathan Stapleton
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UK - Goldman Sachs has bought Paternoster for £260m ($407m) but will not immediately combine the firm with its Rothesay Life subsidiary.

In a statement this morning, Goldman Sachs said it had bought all the shares in Rothesay Life following an "extensive" sale process. However it said Rothesay Life, its existing insurance subsidi...

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Jonathan Stapleton
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