Mapfre Perú Vida Compañía de Seguros y Reaseguros S.A. (BVL:MAPDIDC1) announced a private placement of 40,965,317 shares on February 8, 2016. The shares carry a nominal value of PEN 1 each. On closing, the capital of the company will increase to 245,692,677 shares.

Pursuant to the transaction, the investors will acquire a stake of 16.673398% in the company. The transaction was approved at a meeting held by the company.