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Banco Bpm: Cattolica offer for bancassurance

The binding offer relates to the purchase of a majority shareholding in Popolare Vita and Avipop Assicurazioni and the signing of an agreement for the distribution of insurance products in the Life and Non-Life sectors.

Cattolica Assicurazioni's board of directors, chaired by Paolo Bedoni, has resolved to send a binding offer for a bancassurance partnership with the Banco Bpm group.

The binding offer, reports a note, relates to the purchase of a majority stake in Popolare Vita and Avipop Assicurazioni and the signing of an agreement for the distribution of insurance products in the Life and Non-Life sectors.

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