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Investor group to buy Voya Insurance and Annuity

Voya Financial Inc has agreed to sell Voya Insurance and Annuity Co, to Apollo Global Management, Crestview Partners and Reverence Capital Partners, PE Hub reported. Voya Insurance is a stock life insurance company that provides financial products and services in the United States. Goldman Sachs & Co LLC served as financial advisor to Voya on the transaction, while Willkie Farr & Gallagher LLP provided legal counsel.


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