Cardif Group to acquire the remaining stake in LuizaSeg Seguros from Magazine Luiza for $203m.

Synopsis

Cardif Group, an international insurance company, agreed to acquire the remaining stake in LuizaSeg Seguros, a insurance solutions provider, from Magazine Luiza, a Brazilian retail company, for $203m.

Principals

target

Luizaseg Seguros

bidder

Cardif Group

Show Details & Financials

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Market Context

machado meyer sendacz e opice advogados

legal advisors

bidder

147

Deals

£ 70.01 B

Total Value