Transactions by ASSICURAZIONI GENERALI (GEN) in the last 6 months
Grupo Financiero Banorte, S.A.B. de C.V. (BMV:GFNORTE O) entered into an agreement to acquire 49% stake in Pensiones Banorte- Generali, S.A. de C.V. and 49% stake in Seguros Banorte-Generali, S.A. de C.V. from Assicurazioni Generali S.p.A. (BIT:G) for $860 million on June 11, 2013. The transaction is subject to regulatory approval and other customary closing conditions. The deal would generate a net capital gain for Generali of approximately $500 million on a consolidated ...
The transaction is expected to generate a capital gain net of taxes of approximately $150 million on a consolidated basis for the Generali group and total gross proceeds from the disposal correspond to an implied c. 15x multiple on 2012 full year earnings. The transaction is expected to enhance shareholder value plus a 2013 earnings adjustment through the closing date. BNP Paribas SA(ENXTPA:BNP) and Deutsche Bank AG(DB:DBK) acted as financial advisors to SCOR SE and ...
Assicurazioni Generali S.p.A. (BIT:G) signed an agreement to acquire the remaining 49% stake in Generali PPF Holding B.V. from PPF Group N.V. for €2.5 billion on January 8, 2013. Under the terms of the agreement, Assicurazioni Generali S.p.A. will acquire the remaining 49% stake in Generali PPF Holding B.V. in two stages; by March 28, 2013, Assicurazioni Generali will acquire a 25% stake for €1.3 billion and by December 31, 2014, Assicurazioni Generali will acquire the ...
|Aviva PLC||342.00 GBp||+3.90|
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|Muenchener Rueckversicherungs AG||€144.05 EUR||0.00|
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