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New Deal


Announced

Completed

Warburg Pincus-backed Aseana Insurance completed the acquisition of a 62.33% stake in ABDA from Mapfre for $60m.

Financials

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Transaction Value£51m
Consideration TypeCash
Capital Owned-
Capital Bid For62%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Completed

Single Bidder

Private Equity

general insurance

Majority

Indonesia

Acquisition

Full Line Insurance

Friendly

Public

Synopsis

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Warburg Pincus-backed Aseana Insurance, a holding comapny, completed the acquisition of a 62.33% stake in Asuransi Bina Dana Arta, a general insurance firm, from Mapfre, a multinational insurance company, for $60m. "The purpose of the takeover is to build Aseana's business in Indonesia," ABDA.

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