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Unipolsai M&A Activity 2017

Nov 17, 2017

4413_rns_2017-11-17_85a13cb5-0846-415d-b487-c58594e19923.pdf

M&A Activity

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Informazione
Regolamentata n.
0230-38-2017
Data/Ora Ricezione
17 Novembre 2017
12:26:55
MTA
Societa' : UNIPOLSAI
Identificativo
Informazione
Regolamentata
: 96172
Nome utilizzatore : UNIPOLSAIN08 - Giay
Tipologia : 2.3
Data/Ora Ricezione : 17 Novembre 2017 12:26:55
Data/Ora Inizio
Diffusione presunta
: 17 Novembre 2017 12:26:56
Oggetto : Press release UnipolSai: acquired
investments held in UniSalute and Linear
Testo del comunicato

Vedi allegato.

STREAMLINING OF INSURANCE SECTOR: INVESTMENTS HELD IN UNISALUTE AND LINEAR ACQUIRED FROM UNIPOL GRUPPO

Bologna, 17 November 2017

With reference to the streamlining project of the Unipol Group's insurance sector, as set out in the press release of 30 June this year, and with reference to the content of the disclosure regarding major transactions with related parties - published on 7 July 2017 - this is to announce that, after obtaining the approval of I.V.A.S.S. (Italian Institute for the Supervision of Insurance), on 16 November 2017 UnipolSai Assicurazioni S.p.A. finalised the acquisition of the investments held by the parent company Unipol Gruppo S.p.A. in UniSalute S.p.A. (representing 98.53% of the share capital) and in Compagnia Assicuratrice Linear S.p.A. (representing the entire share capital).

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 €12.5bn, of which €7.2bn in Non-Life Business and €5.3bn in Life Business (2016 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 more than 3,000 agencies and 6,000 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.