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Goldman Sachs, Blackstone invest in online insurer Prima Assicurazioni

Goldman Sachs Group Inc. and Blackstone Group LP's Blackstone Tactical Opportunities Advisors LLC provided an undisclosed amount of investment in Prima Assicurazioni SpA.

The Milan-based online insurance firm, which operates under a partnership with reinsurance giant Munich Re Co., focuses on automobile insurance policies.

White & Case LLP provided legal advice to Goldman Sachs and Blackstone.