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Milano, 24 December 2002

IntesaBci acquired 100% control of Carivita by buying the 20% minority stake held by CNP for € 105 million, corresponding to an approximately 1.2 multiple applied to the embedded value, in the frame of the reshaping of its bancassurance business.

 

Carivita’s technical reserves reached € 6.8 billion as of September 30th, 2002 and nine-month 2002 premiums totalled € 910 million.

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