POSTE ITALIANE S.P.A. Rome, 6 November 2015 - Poste Italiane, through its subsidiary Poste Vita, has completed the
acquisition
of S.D.S.
System Data Software S.r.l. ('SDS'), a company operating in
the health
insurance sector and present in the Italian market since 1988. Poste Vita
has acquired a 100%
interest in the company for a price of €20 million, to be paid in tranches. Payment of a number of
the tranches is subject to fulfillment of performance of SDS's business.
certain conditions connected with the medium-term
SDS provides services and manages claims in the health insurance sector and is active in the creation, development and management of business software solutions and professional insurance IT services.
The acquisition of SDS represents a key step in implementing the Poste Italiane Group's plan to expand its presence in the health insurance sector, particularly wi h regard to care provision, taking advantage of opportunities in the insurance market in order to better serve the needs of Italian families, by offering them support in managing their healthcare needs.
Through the acquisition of SDS, Poste
Vita will take advant
ge of an
important
network of
professionals and healthcare facilities in
Italy and
will be able to offer
a complete range of
innovative services that meets the healthcare needs of its customers at a fair price, with the aim of playing a major role in both the retail and corporate health insurance market.
For further information contact:
Poste Italiane S.p.A. - Press Office Pierpaolo Cito
Head of Press Office Tel. +39 0659589008 Mob. +39 3351823403
Mail citopier@posteitaliane.it
Poste Italiane S.p.A. - Investor Relations Luca Torchia
Head of Investor Relations Tel. +39 0659589421 Mob. +39 3346402438
Mail luca.torchia@posteitaliane.it
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