Announced
Completed
Financials
Tags
Public
Majority
insurance services
France
Full Line Insurance
Disposal
Private Equity
Completed
Friendly
Single Bidder
Privatisation
Acquisition
Synopsis
CVC Capital Partners completed the acquisition of a majority stake in April, a French insurance company, from Evolem for $1bn. The transfer of the majority block would be carried out at a price of € 22 per APRIL share, entailing a 27.2% premium over the last closing price before the announcement of the offer on 28 December 2018.
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