Mediterraneo Vida to acquire CNP Partners from CNP Assurances for $527m.

Mediterraneo Vida, a provider of insurance, agreed to acquire CNP Partners, a provider of life insurance and pension plans based in Madrid, from CNP Assurances, a personal insurance company, for $527m. "We approach this new phase with great enthusiasm and look forward to working with the CNP Partners team in both Spain and Italy to progress the innovative project we have for both markets," Antonio Trueba, MedVida CEO