on UNIQA Insurance Group AG (isin : AT0000821103)
UNIQA Insurance Group AG to Divest Holdings in Albania, Kosovo, and North Macedonia
UNIQA Insurance Group AG has resolved to sell its significant shareholdings in Albania, Kosovo, and North Macedonia. This decision aligns with the company's strategic management of its market portfolio. The sale involves UNIQA's 90% stake in SIGAL UNIQA Group Austria, which will be acquired by Avni Ponari, the initial founder and current minority shareholder.
This transaction comes after months of evaluation and informal discussions with potential buyers. The purchase price remains confidential. The sale is aimed at ensuring seamless service continuity for customers, employees, and partners. The completion of the sale depends on obtaining all necessary regulatory approvals.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all UNIQA Insurance Group AG news