KBC Group To Sell Polish Unit Warta To Talanx For EUR770 Million
January 20 2012 - 2:20AM
Dow Jones News
Belgium's KBC Group NV (KBC.BT) has agreed to sell its Polish
insurance unit Warta to Germany's Talanx International AG (HDI.YY)
for 770 million euros ($998.7 million), the two companies said in a
statement Friday.
The sale of Towarzystwo Ubezpieczen i Reasekuracji Warta SA will
increase KBC's core tier-1 ratio by "slightly less than 0.7%" and
significantly boost Talanx's market share in Poland, the companies
added.
-By Marynia Kruk, Dow Jones Newswires; +48 22 447-2431;
marynia.kruk@dowjones.com
Harley Davidson (NYSE:HDI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Harley Davidson (NYSE:HDI)
Historical Stock Chart
From Apr 2023 to Apr 2024