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Toscafund weighs sale of Portuguese insurer Caravela
Yahoo Finance· 2026-01-20 22:21
Toscafund Asset Management, together with other minority investors, is considering divesting its interests in Caravela Seguros, a non-life insurance provider based in Portugal, reported Bloomberg, citing sources. Toscafund, headquartered in London and holding a 48% stake in Caravela, has appointed Mediobanca to advise on the possible sale, the unnamed sources told the news agency. Other shareholders, totalling more than 20 investors, are also evaluating their options regarding a potential exit. A spoke ...