AI assistant
Unipol — M&A Activity 2015
May 25, 2015
4405_tar_2015-05-25_40d31082-905b-4f6b-86cf-6030ed449a22.pdf
M&A Activity
Open in viewerOpens in your device viewer
| Informazione Regolamentata n. 0265-31-2015 |
Data/Ora Ricezione 25 Maggio 2015 07:27:25 |
MTA | |
|---|---|---|---|
| Societa' | : | UNIPOL | |
| Identificativo Informazione Regolamentata |
: | 58901 | |
| Nome utilizzatore | : | UNIPOLN05 - Giay | |
| Tipologia | : | IROS 01 | |
| Data/Ora Ricezione | : | 25 Maggio 2015 07:27:25 | |
| Data/Ora Inizio Diffusione presunta |
: | 25 Maggio 2015 07:42:26 | |
| Oggetto | : | UNA Acquisition | |
| Testo del comunicato |
Please find the UnipolSai press release just been widespread.
Bologna, 25 May 2015
AGREEMENTS FOR THE ACQUISITION OF THE HOTEL BUSINESS "UNA"
UnipolSai Assicurazioni S.p.A. hereby announces that on 22 May, the subsidiaries Atahotels S.p.A. and UnipolSai Investimenti S.G.R S.p.A. (the latter on behalf of the Real Estate Investment Fund Athens R.E. Fund) signed agreements with Una S.p.A. ("Una") regarding the acquisition, through two separate transactions, respectively:
- (i) of the business unit concerning the hotel management of Una;
- (ii) of the relative real estate portfolio for hotel use.
The consideration for the acquisition of the business unit is set at €27.6m, while the acquisition price of the real estate portfolio is equal to €259m.
The performance of the aforementioned transactions will take place, among other things, after receiving approval from the relevant authorities and subject to the completion of the debt restricting procedures of Una.
The union of AtaHotels and Una will result in the creation of a national leader in the Italian hotel industry with over 50 hotels (both business and leisure), approximately 8,600 rooms and aggregate revenues of over €170m.
The new entity, with the support of partners, will be able to search for enhancement and development opportunities, increasing its competitiveness in the strategic sector of the Italian economy represented by tourism.
Contacts
Unipol Group Press Office
Fernando Vacarini Tel. +39/051/5077705 [email protected] Claudia Galassi +39/0251815268 [email protected]
Barabino & Partners Massimiliano Parboni [email protected] Tel. +39/335/8304078 Giovanni Vantaggi
[email protected] Tel. +39/328/8317379
Unipol Group Investor Relations Adriano Donati Tel. +39/051/5077933
UnipolSai Assicurazioni S.p.A.
UnipolSai Assicurazioni S.p.A. is the insurance company of the Unipol Group, Italian leader in Non-Life Business, in particular in vehicle liability insurance.
Also active in Life Business, UnipolSai has a portfolio of over 10 million customers and holds a leading position in the national ranking of insurance groups with a direct income amounting to approximately €16 bn, of which €8.4bn in Non-Life Business and €7.6bn in Life Business (2014 figures).
The company currently operates through 5 divisions (Unipol, La Fondiaria, Sai, Nuova MAA and La Previdente) and has the largest agency network in Italy, with approximately 3,800 agencies and 7,300 sub-agencies spread across the country.
UnipolSai Assicurazioni is a subsidiary of Unipol Gruppo Finanziario S.p.A. and, like the latter, is listed on the Italian Stock Exchange, being one of the most highly capitalized securities.