Radar > 223250

Empresas Penta could sell its subsidiaries to Pacífico Seguros and Sura

Empresas Penta podría vender filiales a Pacífico Seguros y Sura

Intel ID : 223250
Synopsis

Chilean group Empresas Penta could sell two insurance companies to Peru-based Pacífico Seguros, a subsidiary of Credicorp, and to Colombia-based Sura. The insurance companies are Penta Security and Penta Vida.

The negotiations between Penta and Credicorp does not include selling the entire stake it holds in Penta Security (70%) and Penta Vida (99.85%), with which the two companies will be partners.

Regarding negotiations between Penta and Sura, the Colombian company may require the entire stake percentage.
(content in spanish)

El grupo chileno Empresas Penta, podría vender dos de sus aseguradoras a la compañía peruana Pacífico Seguros, filial de Credicorp, y a la compañía colombiana Sura. Estas dos aseguradoras serían Penta Security y Penta Vida, ambas compañías trabajan en el sector de los seguros.

Las negociaciones que se están llevando a cabo entre Penta y Credicorp no consideran la venta de la totalidad de su participación en la compañía de Penta Security (70%) y Penta Vida (99,85%), sino de solo una parte, pasando de esta forma a ser socios.

En cuanto a las conversaciones de negociación entre Penta y Sura, la colombiana podría querer toda la participación de ambas aseguradoras.

Bidder

Ultimate Owner (Buyer)

Seller


Intel ID 223250
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.02.05 Multiline Insurance Providers
25 Financial Services / 25.02 Insurance

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.05 Multiline Insurance Providers
25 Financial Services / 25.02 Insurance

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.04 Life & Health Insurance
25 Financial Services / 25.02 Insurance

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

25.02.05 Multiline Insurance Providers
25 Financial Services / 25.02 Insurance

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.