Cronos, Allianz, Generali Italia, Intesa Sanpaolo Vita, Poste Vita and Unipolsai Assicurazioni to acquire insurance business unit from Eurovita for €220m.

Cronos, a private equity firm, Allianz, a financial services company, Generali Italia, an insurance company, Intesa Sanpaolo Vita, an insurance company, Poste Vita, an insurance company, and Unipolsai Assicurazioni, a financial services company, to acquire insurance business unit from Eurovita, a insurance company, for €220m.