Cinven Pursues Insurance Platform Strategy with AXA Life Europe Deal

Posted on 08/12/2018


Private equity firm Cinven, through Sixth Cinven Fund, made an “irrevocable offer” to acquire Dublin-based insurer AXA Life Europe Limited (ALE) in a deal estimated to be worth €925 million. ALE operates in Germany, the U.K., France, Spain, Italy, and Portugal. The insurance unit has not accepted new business since last year. It has €8 […]