CNP Assurances monte à 100% du capital d’Aviva en Italie

The company “pursues its international growth strategy with the signing of an agreement with UniCredit”. The Cet Accord includes the acquisition of a 49% stake in UniCredit and CNP Vita Assicura SpA for €500 million.

The French public insurer CNP Assurances announced on Wednesday the acquisition of the shares of the Italian bank Unicredit in an old Aviva subsidiary in Italy, after buying a premil’re moitinié.

The company “pursues its international growth strategy with the signing of an agreement with UniCredit”, it said in a press release. The Cet Accord includes the acquisition of a 49% stake in UniCredit and CNP Vita Assicura SpA for €500 million.

CNP Assurances starts in March 2021 from the premiere of the great advantage to acquire an amount of 543 million euros (530 million francs) from the premieres of 51% from the beginning of the year 2021 with “certain activities” , renomn à la clôture de l’ operation le 1eh décembre dernier CNP Vita Assicura SpA

The British insurer Aviva had previously announced its withdrawal from Italy with the sale of its remaining activities in the country in order to concentrate its forces in the United Kingdom, Ireland and Canada.

The operation announced Wednesday is accompanied by the sale of 6.5% of the shares of CNP Assurances to Unicredit dans leur coentreprise CNP UniCredit Vita SpA CUV (covering the center and the south of Italy in Sicily, ) pour 70 million euros , le groupe français restant majorityitaire dans cette structure avec 51% des parts.

The ensemble “is the logical suite of the acquisition of Aviva’s life assurance activities last year”, underlines the director general of CNP Assurances, Stéphane Dedeyan, quoted in the press release. “It will allow us to accelerate the development of our open model in Italy while maintaining our strategic partnership with UniCredit, our historical partner on this market,” he noted.

La semaine est chargée pour CNP Assurances, which announced on Tuesday the acquisition of the minority share (34%) from Swiss Life dans leur filiale commune d’assistance aux personnes et aux biens Filassistance International.

La société, 100% subsidiary of La Banque postale depuis le succes d’une offfre publique d’achat (OPA) simplifiée realized au mois de May, doit publier par ailleurs its results du deuxième matinme.

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