Chilena Consolidada Seguros de Vida SA on March 15 said it was in talks with EuroAmerica Seguros de Vida SA regarding a potential deal to purchase EuroAmerica's insurance portfolio and financial assets under management.
In a regulatory filing to Chile's financial markets commission, the Santiago-based company said EuroAmerica's annuities business would not be a part of the transaction. Futhermore, Chilena Consolidada said no agreements regarding the deal had been signed yet, except for a confidentiality agreement.
