CNP Assurances Sells 51% Stake in CNP Unicredit Vita to Unicredit
Deal News | Jun 27, 2025 | Legal Community Italy
International law firm Hogan Lovells assisted CNP Assurances in selling a 51% stake in CNP Unicredit Vita to Unicredit, which already owned the remaining 49%. The move followed Unicredit's declaration on October 1, 2024, that it would exercise its option to purchase all shares held by CNP Assurances in the collaboratively managed venture, in line with existing agreements. CNP Unicredit Vita, associated exclusively with Unicredit and controlled by CNP Assurances, reported €3.5 billion in premiums in 2024. The extensive legal support provided by Hogan Lovells involved a cross-border team from Italy and France, addressing corporate, regulatory, antitrust, labor, and intellectual property matters.
Sectors
- Financial Services
- Legal Services
- Insurance
Geography
- Italy – CNP Unicredit Vita operates in partnership with Unicredit, an Italian bank, and legal proceedings involved an Italian Hogan Lovells team.
- France – CNP Assurances is a French company and received support from a French team at Hogan Lovells.
Industry
- Financial Services – The transaction involves CNP Assurances, Unicredit, and their joint venture CNP Unicredit Vita within the financial services sector.
- Legal Services – Hogan Lovells, a law firm, provided extensive legal services and advice for the transaction.
- Insurance – CNP Unicredit Vita operates in the insurance industry, generating insurance premiums.
Financials
- €3.5 billion – CNP Unicredit Vita generated €3.5 billion in premiums in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CNP Assurances | Selling Company | Company | A French insurance firm that owned a significant stake in CNP Unicredit Vita. |
| Unicredit | Bidding Company | Company | An Italian banking institution acquiring the remaining stake in CNP Unicredit Vita. |
| CNP Unicredit Vita | Target Company | Company | A joint venture between CNP Assurances and Unicredit in the insurance sector. |
| Hogan Lovells | Legal Advisor | Company | An international law firm providing legal support for the transaction. |