Patris Investimentos SGPS, SA. completed the acquisition of Real Vida Seguros, S.A. from Parparticipadas, SGPS, S.A.
September 27, 2013
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Patris Investimentos SGPS, SA. agreed to acquire Real Vida Seguros, S.A. from Parparticipadas, SGPS, S.A. for 27 million on May 21, 2013. The deal is subject to permission of the respective authorities. Uría Menéndez Proença de Carvalho acted as legal advisor to Patris Investimentos.
Patris Investimentos SGPS, SA. completed the acquisition of Real Vida Seguros, S.A. from Parparticipadas, SGPS, S.A. on September 27, 2013.
Patris Investimentos SGPS SA is a Portugal-based company active in the financial industry. The Company together with its subsidiaries form the Patris Investimentos Group. The Company has a wholly owned subsidiary Real Vida Seguros, which provides different insurance activities, such as life insurance, health insurance, personal accidents, investment solutions and savings, reform solutions and company solutions. The Company through its subsidiaries is involved in other activities such as pension fund, online brokerage, actions, obligations, credit securitization funds and credit recovery funds. The Group has also investments in others companies such as Iberpartners Cafes SGPS SA, Indumape Industrializacao de Fruta SA and Controlauto Controlo Tecnico Automovel SA, among others.