Eurovita Acquires Pramerica Life from Prudential Financial
August 1, 2019
Eurovita Holding S.p.A., the Cinven-backed Italian life insurer, has signed an agreement to acquire Pramerica Life S.p.A. from Prudential Financial, Inc. The acquisition expands Eurovita's distribution network and capabilities in the life protection segment and is subject to customary IVASS and antitrust approvals.
- Buyers
- Eurovita Holding S.p.A.
- Targets
- Pramerica Life S.p.A.
- Sellers
- Prudential Financial, Inc.
- Platforms
- Eurovita Holding S.p.A.
- Industry
- Insurance
- Location
- Italy
- Transaction Type
- Addon
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