CNP Assurances SA signed a share purchase agreement to acquire remaining 49% stakes in CNP Vita Assicura S.p.A. from UniCredit S.p.A. (BIT:UCG) for €500 million on July 27, 2022. In a related party transactions, UniCredit also signed a second share purchase agreement with CNP Assurances to increase its shareholding in CNP UniCredit Vita S.p.A. The acquisition price for 49% of CNP Vita Assicura S.p.A will be financed by CNP Assurances using its own resources. The closing of the two transactions, approved by the Board of Directors of UniCredit on the July 26, 2022, is subject to the authorization of the competent authorities, and is expected to occur within year end. As of October 6, 2022, The European Commission has approved the transaction. Nomura Italia S.I.M. p.A. acted as financial advisor to UniCredit S.p.A. in the transaction.

CNP Assurances SA completed the acquisition of remaining 49% of CNP Vita Assicura S.p.A. from UniCredit S.p.A. (BIT:UCG) on October 26, 2022.