M&A Deal Summary |
|
|---|---|
| Date | 2019-10-14 |
| Target | GNB Vida |
| Sector | Insurance |
| Buyer(s) | GamaLife |
| Sellers(s) | Novo Banco SA |
| Deal Type | Divestiture |
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GamaLife is a pan-European life and wealth management platform focused on technology and sustainability. The company is open to new technology and ways of working that deliver better transparency and service. It partners with high potential businesses to deliver growth through efficiency and customer value. GamaLife was founded in 2019 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: Portugal M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-03 |
Zurich - Life & Pensions Back Book
Zurich, Switzerland Zurich's Life & Pensions Back Book provides a life and pension back book, composed of both traditional and unit-linked policies. |
Buy | - |
Novo Banco is a financial services company that serves clients, individuals, companies, and institutions. Assures a wide coverage of clients' financial needs, acting in a transversal way in all areas of financial services, such as corporate banking, asset management, and insurance. The Group’s international network, provides an all-inclusive service to its clients, namely to the Portuguese exporting companies and emigrant community. Novo Banco was formed in 2014 and is based in Lisbon, Portugal.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Portugal M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
