Announced
Financials
Tags
Spain
Single Bidder
pension scheme
Friendly
life insurance
Life Insurance
Pending
Private
Domestic
Majority
Acquisition
Synopsis
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
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