trending Market Intelligence /marketintelligence/en/news-insights/trending/pd4w135pe7t_9kvjcgnl8q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Unipol Gruppo transfers majority stake in Arca Vita to UnipolSai

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Unipol Gruppo transfers majority stake in Arca Vita to UnipolSai

Italian financial services group Unipol Gruppo SpA said its board of directors approved the sale of the company's 63.39% stake in Arca Vita SpA to UnipolSai Assicurazioni SpA for €475 million.

The deal is part of efforts to streamline Unipol Gruppo's insurance business by combining all insurance operations under the control of UnipolSai. The sale is expected to be finalized by the end of 2018, subject to necessary authorizations from supervisory authorities.

Mediobanca — Banca di Credito Finanziario SpA and JP Morgan Ltd. acted as financial advisers for Unipol Gruppo and UnipolSai, respectively.