Announced
Financials
Sources
Tags
Private
Portugal
insurance business
Acquisition
Single Bidder
Spain
Property and Casualty Insurance
Cross Border
Majority
Friendly
Pending
Synopsis
Liberty Seguros, an insurance company, agreed to acquire a 50.01% stake in Bankinter Liberty Hogar y Auto, a firm focusing on marketing of automobile and homeowners' insurance products and services, from Bankinter, a Spanish financial services company. Financial terms were not disclosed. "Bankinter's agility, enthusiasm, integrity and originality make a perfect fit with our commitment to technology and modular products. By putting people first and keeping things simple, we aim to win customers and keep their trust," Juan Miguel Estallo, Liberty Seguros CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.