Announced
CNP Assurances to acquire a 49% stake in CNP Vita Assicura from UniCredit for $508m.
Financials
Transaction Value£422m
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Single Bidder
Minority
Acquisition
Cross Border
Italy
life insurance
Pending
Friendly
Private
Life Insurance
Synopsis
CNP Assurances, an insurance company, agreed to acquire a 49% stake in CNP Vita Assicura, an operator of a life insurance company, from UniCredit, an Italian global banking and financial services company, for $508m.
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