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Financial terms of the deal were not disclosed.
Under the deal, CNP Assurances will acquire the whole capital of CNP UniCredit Life, which is currently jointly owned with Italian banking group UniCredit SpA (BIT:UCGR).
Sector: Life insurance
Type: Corporate acquisition
Target: CNP UniCredit Life
Buyer: CNP
Vendor: UniCredit
Status: Received regulatory approval
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