NN Group and Athora to acquire VIVAT

NN publiceert op haar website:

“Today, Athora and NN Group announce that a binding agreement has been reached with Anbang Group Holdings Co Ltd on the acquisition of all activities of VIVAT. NN Group is to acquire VIVAT Non-life and de Volksbank Non-life distribution agreement, which will enhance NN’s strategic position and further strengthens its Non-life platform in the Netherlands.

NN Group acquires VIVAT Non-life activities (VIVAT Schadeverzekeringen N.V.) for a consideration of EUR 416 million

NN Group will acquire these activities from Athora, following the acquisition of VIVAT by Athora

In addition, NN Group will acquire the intercompany Tier 2 loans granted by VIVAT holding to VIVAT Non-life for a consideration of EUR 150 million

Athora to acquire VIVAT N.V. and retain the life and asset management businesses, positioning the company for future growth in the Netherlands.

Lees verder via de bron: bronbericht op website

NN Vivat

About author

Related Articles