World, As Seen from the most beautiful islands: Ireland and Cyprus

Dutch insurance company Vivat to be sold by Chinese investors


At least five private equity parties plan to bid for Dutch insurance company Vivat, known for the Zwitserleven and Reaal brands. That’s what insiders say Monday in Het Financieele Dagblad.

The Chinese conglomerate Anbang wants to get rid of Vivat. The Chinese are reportedly hoping to get 2 billion euros for it. According to the sources, Athora (from Apollo), Blackstone, Cinven, CVC and TSSP (from TPG) are queuing up to bid on the whole insurer or on parts of it.

They get competition from traditional insurers, including the Dutch parties Aegon and ASR and the German Allianz. All financial parties would like to cooperate with a strategic buyer such as Aegon or ASR. According to the newspaper, the sales process will start this week. The acquisition process is expected to be completed by the summer

Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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