Cinven preps sale of insurer Eurovita
March 26, 2021- Share:
Cinven is getting ready to exit Eurovita in a deal that could value the Italian life insurance company at up to €600 million, Bloomberg reported. The London-based firm has reportedly hired Deutsche Bank to help with the sale, which is expected to attract bids from PE investors and other insurance companies. Cinven created Eurovita in 2016 by merging Ergo Previdenza, Old Mutual Wealth Italy and Eurovita Assicurazioni.
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