Natixis Assurances S.A. completed the acquisition of 51% stake in Ecureuil Vie Développement from CNP Assurances SA and BPCE SA.
Natixis Assurances S.A. signed a framework agreement to acquire 51% stake in Ecureuil Vie Développement from CNP Assurances SA (ENXTPA:CNP) and BPCE SA for 0.09 million on March 23, 2015. Natixis Assurances will acquire 1,813 ordinary shares from BPCE SA, representing 49% of EVD's share capital and voting rights and the whole of BPCE's equity interest and 74 EVD shares from CNP Assurances representing 2% of EVD's capital and voting rights, in exchange for paying a price consideration of 48 per share. Natixis Assurances acquired shares from BPCE on December 21, 2015. The deal is expected to complete on December 31, 2015.
Natixis Assurances S.A. completed the acquisition of 51% stake in Ecureuil Vie Développement from CNP Assurances SA (ENXTPA:CNP) and BPCE SA on January 1, 2016.