Reuters logo
Unipol says Allianz, Axa, Zurich, others interested in its assets
May 2, 2013 / 11:22 AM / 5 years ago

Unipol says Allianz, Axa, Zurich, others interested in its assets

MILAN, May 2 (Reuters) - Italian insurer Unipol has received 10-15 expressions of interest for the portfolio of assets it must sell as part of its deal to merge with peer Fondiaria-SAI, the company’s CEO said on Thursday.

“The parties interested include Allianz, Axa , Aviva, Zurich, Cattolica and several private equity funds,” Carlo Cimbri said in a meeting with the foreign press.

Unipol has been forced by Italy’s antritrust authority to sell portfolio assets worth around 1.7 billion euros as part of its rescue of the Fondiaria-SAI group.

Cimbri also said the combined group would consider eliminating savings shares of Fondiaria-SAI and its unit Milano Assicurazioni but addded nothing was on the table as yet.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below