M&A Activity • Apr 16, 2018
M&A Activity
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| Informazione Regolamentata n. 0018-40-2018 |
Data/Ora Ricezione 16 Aprile 2018 08:30:07 |
MTA | |
|---|---|---|---|
| Societa' | : | ASSICURAZIONI GENERALI | |
| Identificativo Informazione Regolamentata |
: | 102191 | |
| Nome utilizzatore | : | ASSGENERN10 - AMENDOLAGINE | |
| Tipologia | : | REGEM; 3.1 | |
| Data/Ora Ricezione | : | 16 Aprile 2018 08:30:07 | |
| Data/Ora Inizio Diffusione presunta |
: | 16 Aprile 2018 08:30:07 | |
| Oggetto | : | Panama and Colombia | Generali Completes Sale of Operations in |
| Testo del comunicato |
Vedi allegato.
16.04.2018 PRESS RELEASE
Trieste – Assicurazioni Generali SpA announces the closing of the sale of its operations both in Panama and Colombia. These two transactions, that were originally announced during the second half of 2017, are part of the Group's overall strategy to rationalize its international footprint and to improve operating efficiency and capital allocation.
The final consideration of these two sales is approximately €170 million.
The operations in Panama were sold to ASSA Compañia de Seguros S.A. while the business in Colombia was sold to Talanx Group.
Media Relations T +39.02.48248366 [email protected]
Investor Relations T +39.040.671402 [email protected]
user: Generali user: @GENERALI user: generaligroup user: GruppoGenerali The Generali Group will still be present in both countries through its Global Business Lines, or more specifically, Generali Employee Benefits, Generali Global Corporate & Commercial and Generali Global Health as well as through its Europ Assistance operations.
Generali is an independent, Italian insurance group with a strong international presence. Established in 1831, it is among the world's leading insurers and is present in over 60 countries with total premium income exceeding €68 billion in 2017. With nearly 71,000 employees in the world and 57 million customers, the Group has a leading position in Western Europe and an increasingly significant presence in Central and Eastern Europe as well as in Asia. In 2017, Generali Group was included among the most sustainable companies in the world by the Corporate Knights ranking.
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