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Generali, BFF Bank and BPCE advance in GamaLife acquisition bidding process
Yahoo Finance· 2025-11-21 10:29
Generali, BFF Bank and France’s BPCE have progressed to the next stage of the bidding process to acquire GamaLife from Apax Partners, reported Reuters, citing two familiar sources. Apax Partners is aiming for a valuation close to €600m for the European life insurance consolidator. Buy-out group Apax Partners expects to receive binding offers in the coming weeks, with the goal of reaching an agreement in early 2026, the sources said. BFF, BPCE and Generali declined to provide comments, reported Reuters. ...