MAPFRE PERÚ VIDA COM

MAPVIDC1
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Mapfre Internacional S.A. agreed to acquire additional 32.17% stake in Mapfre Perú Vida Compañía de Seguros y Reaseguros S.A. from other shareholders for approximately €110 million.

07/20/2021 | 12:00am
Mapfre Internacional S.A. reached an initial agreement to acquire additional 32.17% stake in Mapfre Perú Vida Compañía de Seguros y Reaseguros S.A. (BVL:MAPVIDC1) from other shareholders for approximately €110 million on July 20, 2021. Prior to the transaction, Mapfre Internacional S.A held 67.4% stake in Mapfre Perú Vida Compañía de Seguros y Reaseguros S.A. In a related transaction, Mapfre Internacional S.A. agreed to acquire remaining 0.4229% stake in Mapfre Perú Vida Compañía de Seguros y Reaseguros S.A. from other shareholders. As a result of transaction, Mapfre’s stake in Mapfre Perú Vida will increase to 99.5%. The transaction requires approval of Superintendancy of Banking, Insurance and Pension Fund Management.
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