[ADVERT]
Share Name Share Symbol Market Type
Intesa Sanpaolo BIT:ISP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0175 0.69% 2.5515 2.5495 2.55 2.55 2.52 2.525 89,595,147 16:35:04

Intesa to Buy Insurer Cargeas for EUR390 Million

08/02/2021 2:38pm

Dow Jones News


Intesa Sanpaolo (BIT:ISP)
Historical Stock Chart


From Jan 2021 to Jan 2022

Click Here for more Intesa Sanpaolo Charts.

By Pietro Lombardi

 

Intesa Sanpaolo SpA has reached an agreement with BNP Paribas Cardif to buy Italian insurer Cargeas Assicurazioni SpA for 390 million euros ($469.9 million).

The Italian bank insurance business, Intesa Sanpaolo Vita, and French bank BNP Paribas SA's insurance unit said Monday that they have signed a memorandum of understanding related to the deal, while the final agreement should by signed by the end of the month.

The deal is expected to close in the first half of the year.

 

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

 

(END) Dow Jones Newswires

February 08, 2021 09:23 ET (14:23 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Intesa Sanpaolo Chart

1 Year Intesa Sanpaolo Chart

1 Month Intesa Sanpaolo Chart

1 Month Intesa Sanpaolo Chart
ADVFN Advertorial
Your Recent History
BIT
ISP
Intesa San..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220121 05:29:35