Are your pensions on the way with a privatization passed over in silence? The sale of a public company to a Spanish company? Published in the Official Journal.
Published on 20.12.2022
Order of 15 December 2022 authorizing the transfer to the private sector of CNP Partners de Seguros y Reaseguros SA. Source Legifrance.gouv
✓ Item 1:
The sale by CNP Assurances SA and CNP Caution SA to Mediterráneo Vida, Sociedad Anónima de Seguros y Reaseguros, of 23,009,520 shares in CNP Partners de Seguros y Reaseguros SA, i.e. 100% of the capital of this company, in accordance with the procedures provided for in Articles 2 and 3 below, is authorized
✓ Section 2:
The transfer takes place at a price of 128,000,000 euros ‼️ CNP (National Provident Fund) Assurances is a personal insurance company in France created in 1959. It is the leader in borrower insurance and 2nd in life insurance in France, the 7th European insurer. Source CNP individuals
By the privatization law of July 1992 and by the structure of its shareholders, CNP Assurances is a public sector company.
📌 In August 2018, the Minister of Economy and Finance Bruno Le Maire formalized the merger between La Banque Postale and CNP Assurances, in order to allow La Poste to develop in banking and insurance:
Creation of a public financial center around the Caisse des dépôts and the Post Office. Argus source of insurance.
NB: Caisse des dépôts is a public financial institution https://www.caissedesdepots.fr ‼. ️
Do you feel the “conflict” for supplementary pensions and life insurance??