Generali €600 million acquisition of Seguradoras Unidas and AdvanceCare

24/7/2019
Private acquisition

€ 600 million

$ 668.327 million

Announced

24/7/2019


Overview:

  • Italian insurance company Generali has reached an agreement to acquire Portuguese insurer Seguradoras Unidas and service company AdvanceCare for €600 million.
  • Seguradoras Unidas, also known as Tranquilidade, was acquired for €510 million. Healthcare service platform, AdvanceCare was acquired for €90 million.
  • The transaction is subject to regulatory approval.

Laura Mendes - Researcher 

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