Deloitte on team to sell Equitable
Deloitte has been asked help prepare Equitable Life for sale.
According to the Daily Telegraph an information room for potential buyers is
likely to be opened early next year.
will go on sale after receiving advances from a calls form interested parties.
At its height the life assurer was worth £26bn but currently has just £7bn of
assets under management.
Equitable famously launched a failed £1bn claim against its former auditors
Ernst & Young over its catastrophic collapse in 2000.