- 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