M&A Deal Summary |
|
---|---|
Date | 2021-02-11 |
Target | NN Group N.V. - Bulgarian Pension & Life Business |
Sector | Insurance |
Buyer(s) | KBC Group |
Sellers(s) | NN Group |
Deal Type | Divestiture |
Deal Value | 78M EUR |
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Category | Company |
---|---|
Founded | 1935 |
Sector | Financial Services |
Employees | 33,555 |
Revenue | 10.8B EUR (2023) |
KBC Group is an integrated bancassurance group, catering mainly for retail, SME and midcap customers. It concentrates on its home markets of Belgium and certain countries in Central and Eastern Europe. KBC Group was founded in 1935 and is based in Brussels, Belgium.
DEAL STATS | # |
---|---|
Overall | 2 of 3 |
Sector (Insurance) | 1 of 1 |
Type (Divestiture) | 1 of 2 |
Country (Netherlands) | 1 of 1 |
Year (2021) | 1 of 2 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-01-02 |
we.trade Innovation DAC
Dublin, Ireland we.trade Innovation DAC is a digital trade platform based on the Linux Foundation's Hyperledger Fabric and runs on the IBM Blockchain Platform. We .trade digital platform delivers global trade transactions across trade finance, insurance, and logistics. we.trade Innovation was founded in 2017 and is based in Dublin, Ireland. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-11-15 |
Raiffeisenbank
Bulgaria Raiffeisenbank (Bulgaria) is a provider of banking, asset management, leasing and insurance brokerage services to retail, SME and corporate customers. Raiffeisenbank (Bulgaria) was founded in 1994 and is based in Bulgaria. |
Buy | - |
NN Group is an international insurance and asset management company offers retirement services, insurance, investments and banking to more than 15 million customers. NN Group was founded in 1845 and is based in The Hague, the Netherlands.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Insurance) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
Country (Netherlands) | 2 of 2 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-06-07 |
VIVAT Schadeverzekeringen N.V.
Amstelveen, Netherlands VIVAT Schadeverzekeringen N.V. is a provider of insurance services based in Amstelveen, Netherlands. |
Buy | €416M |