CNP Assurances to acquire Caixa Seguridade Participações for $129m.

Financials

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Transaction Value£113m

Consideration TypeOrdinary Shares

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Caixa Seguridade Participações

bidder

Cnp Assurances

Sources

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Tags

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Majority

Brazil

Cross Border

Acquisition

life insurance

Pending

Single Bidder

Friendly

Private

Life Insurance

Synopsis

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CNP Assurances, a French insurance corporation, agreed to acquire Caixa Seguridade Participações, a life insurance company, for $129m. CNP currently holds stakes in the target companies through CNP Seguros Holding Brasil, a joint holding company with Caixa Seguridade.

CNP Assurances to acquire Caixa Seguridade Participações for $129m.

target

bidder

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