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


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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