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Announced

Frankfurter Leben to acquire Generali Deutschland Pensionskasse from Generali.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Insurance Brokers

pension brokerage

insurance services

Domestic

Acquisition

Pending

Single Bidder

Friendly

Private

Germany

Majority

Synopsis

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Frankfurter Leben, a German insurance group, agreed to acquire Generali Deutschland Pensionskasse, an insurance brokerage services provider, from Generali, a financial services company. Financial terms were not disclosed. "With this transaction, the Frankfurter Leben Group can further strengthen its role as a specialized consolidation platform in the field of life insurance and old-age provision products in Germany," Frankfurter Leben.

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