M&A Deal Summary |
|
|---|---|
| Date | 2015-05-22 |
| Target | Sul América Companhia Nacional de Seguros |
| Sector | Insurance |
| Buyer(s) | AXA |
| Sellers(s) | Sul América S.A. |
| Deal Type | Add-on Acquisition |
| Deal Value | 45M USD |
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AXA is a provider of financial protection and asset management services primarily in western Europe, North America, the Asia Pacific region, the Middle East, and Africa. The Company offers a range of life and savings products, including individual and group savings retirement products, life and health products. The Property & Casualty segment includes a range of products, including motor, property and general liability insurance for both personal and commercial customers. AXA was founded in 1852 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 15 |
| Sector: Insurance M&A | 7 of 12 |
| Type: Add-on Acquisition M&A Deals | 4 of 7 |
| Country: Brazil M&A | 2 of 2 |
| Year: 2015 M&A | 3 of 6 |
| Size (of disclosed) | 8 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-22 |
Sul América Companhia de Seguros Gerais
Rio de Janeiro, Brazil Sul América Companhia de Seguros Gerais is a provider of personal injury insurance products and services in Brazil. |
Buy | $45M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-13 |
Commercial International Life Insurance Co.
New Cairo, Egypt Commercial International Life Insurance Co.is a provider of insurance services & products. The first life insurance company in Egypt to adopt the bancassurance model. Company has 90,000 individual insurance policies, and provides retirement benefits group life and credit life insurance for circa 350,000 customers. |
Buy | $98M |
SulAmérica operates in multiple insurance segments, such as health and dental, auto and other property and casualty, The company also offers life and personal accident insurance as well as asset managment, private pension, and savings bonds products.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Brazil M&A | 2 of 2 |
| Year: 2015 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-22 |
Sul América Companhia de Seguros Gerais
Rio de Janeiro, Brazil Sul América Companhia de Seguros Gerais is a provider of personal injury insurance products and services in Brazil. |
Sell | $45M |
