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CNP Assurances (France) is finalizing the acquisition of Aviva's life activities in Italy, initiated in March 2021. The transaction, worth 543 million EUR (614.937 million USD), is being financed by the French insurer on its shareholders' equity.
The operation includes the takeover of three Italian subsidiaries of the British group, accompanied by a name change of the three entities.
| Name of the entity | Line of Business | Acquired stake | New name |
|---|---|---|---|
| Aviva S.p.A | Life insurance company | 51% | CNP Vita Assicura |
| Aviva Life S.p.A. | Life insurance company | 100% | CNP Vita Assicurazione |
| Aviva Italia Servizi S.c.a.r.l | Operational services company | 92.99% | CNP Vita SCARL |
CNP Assurances (France) is finalizing the acquisition of Aviva's life activities in Italy, initiated in March 2021. The transaction, worth 543 million EUR (614.937 million USD), is being financed by the French insurer on its shareholders' equity.
The operation includes the takeover of three Italian subsidiaries of the British group, accompanied by a name change of the three entities.
| Name of the entity | Line of Business | Acquired stake | New name |
|---|---|---|---|
| Aviva S.p.A | Life insurance company | 51% | CNP Vita Assicura |
| Aviva Life S.p.A. | Life insurance company | 100% | CNP Vita Assicurazione |
| Aviva Italia Servizi S.c.a.r.l | Operational services company | 92.99% | CNP Vita SCARL |
