Announced

Malakoff Humanis to acquire an 85% stake in Unofi in a €1.3bn deal.

Synopsis

Malakoff Humanis, a French mutual society that specializes in supplementary pension plans, agreed to acquire an 85% stake in Unofi, a consulting company that provides insurance, real estate, credit and financial savings services, in a €1.3bn deal. "We are very proud to have been chosen by the Higher Council of Notaries for this transaction, which is perfectly in line with our strategy to create a strong, committed and sustainable player in savings. Malakoff Humanis and La France Mutualiste, as majority shareholders, will be able to preserve the uniqueness of UNOFI, while respecting its identity and commitments," Thomas Saunier, Malakoff Humanis Managing Director.

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MergerLinks - Malakoff Humanis to acquire an 85% stake in Unofi in a €1.3bn deal.