Generali to acquire AXA’s Greek unit, signs new distribution deal with Alpha Bank

04-01-2021

Italian insurer Generali has agreed to acquire AXA’s operations in Greece. It will buy AXA’s Greek subsidiary AXA Insurance for a consideration of €165 million, a multiple of 12.2 times 2019 earnings.


Generali, Mergers & Acquisitions, Insurance, Reinsurance, Jaime Anchústegui Melgarejo, Europe

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