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Monument Re Acquires Portfolio From Axa Belgium

PRIVATENov 02, 2022

Acquiring Company

Monument Re and Monument Life Insurance

Acquired Company

Laza Medical

CampbellBiotechnologySoftwareHealth CareArtificial IntelligenceMedicalMedical DeviceMachine LearningHealth Diagnostics

Description

Monument Re announced today that its Belgian subsidiary Monument Assurance Belgium (“MAB”) has completed the acquisition of a run-off life insurance portfolio with BEGAAP provisions of EUR2.6bn from AXA Belgium, following receipt of regulatory approval from the National Bank of Belgium.

Quick answer

Monument Re and Monument Life Insurance is acquiring Laza Medical, announced November 2, 2022.

How much did Monument Re and Monument Life Insurance pay for Laza Medical?
The deal value was not disclosed.
Where are Monument Re and Monument Life Insurance and Laza Medical based?
Laza Medical is based in Campbell, California, United States.

Source: Fundz verified event record.

Other recent acquisitions in Medical and Medical Device

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Monument Re and Monument Life Insurance

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Frequently asked

Who acquired Laza Medical?

Laza Medical was acquired by Monument Re and Monument Life Insurance. The deal was reported on November 2, 2022. Monument Re and Monument Life Insurance is privately held.

When did Monument Re and Monument Life Insurance acquire Laza Medical?

Monument Re and Monument Life Insurance's acquisition of Laza Medical was reported on November 2, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Laza Medical do?

Laza Medical is a privately held portfolio company of Shifamed, LLC., a highly specialized medical innovation hub founded by serial entrepreneur, Amr Salahieh. It is privately held, operating in Biotechnology, and is based in Campbell.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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