Parent puts TIFCO up for sale.
The UK's third largest premium finance provider, Transamerica Insurance Finance Company (TIFCO), has...
The UK's third largest premium finance provider, TransamericaInsurance Finance Company (TIFCO), has been put up for sale by its owners.
Dutch insurer Aegon is selling TIFCO's parent Transamerica Finance
Corporation because it believes it does not fit with its core operations.
Aegon spokesman Ewold Debruyner said no buyers had yet been identified for
Transamerica, which Aegon acquired last July. Ian Jerrum, chief executive
of TIFCO, said the company's operations would be unaffected by the sale.
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