Radar > 243454

Via Varejo an Zurich Seguros partners

Via Varejo e Zurich Seguros firmam parceria

Intel ID : 243454
Synopsis

Via Varejo (BVMF: VVAR3), a home and electronics retalier, and its subsidiary Cnova Brasil, signed a partnership with Zurich Seguros, according to a company press release published on 16 December 2016.

The companies signed a distribution agreement that insure Via Varejo and Cnova the exclusive sale and distribution of Zurich Seguros' policies, certificates and tickets.

As a counterpart and as an advance payment for the sale of insurance products, Zurich Seguros will have to pay Via Varejo and Cnova, the total amount of BRL 270m, which can be offset with sale of products within the next 6 years .
(content in portuguese)

A Via Varejo (BVMF:VVAR3), varejista de eletrodomésticos e eletrônicos, e a sua subsidiária Cnova Brasil, firmam uma parceria com a Zurich Seguros, segundo publicou a Via Varejo em comunicado no dia 16 de dezembro de 2016.

As empresas firmaram um contrato de distribuição, que tem por objeto a angariação, venda e distribuição pela Via Varejo e pela Cnova, com exclusividade, de apólices, certificados e bilhetes de seguro da Zurich Seguros.

Em contrapartida à exclusividade e a título de adiantamento de remunerações pela venda dos produtos de seguros, a Zurich Seguros deverá pagar a Via Varejo e a Cnova, o montante total de BRL 270m, que poderá ser compensado com vendas de produtos dentro dos próximos 6 anos.

Relevant Documents


Intel ID 243454
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Secondary Sectors (TTRSC)
10.01.02 Consulting & Professional Development Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.01 Advertising & Marketing Services
10 Business Services / 10.02 Marketing & Advertising

15.05.04 Computer & Electronics Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

35.10.01 Air Freight & Logistics
35 Industrials / 35.10 Transportation & Logistics

35.10.11 Supply Chain Logistics
35 Industrials / 35.10 Transportation & Logistics

35.10.99 Other Transportation & Logistics
35 Industrials / 35.10 Transportation & Logistics

40.03.01 Browsers, Search Engines & SEO
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.99 Other Insurance
25 Financial Services / 25.02 Insurance

Country
Website
Description

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.