AXA Leaves Hungary

Business › n.a. ♦ Published: December 27, 2013; 21:21 ♦ (Vindobona)

Austrian Vienna Insurance Group takes over 100% of AXA Hungary.

AXA Leaves Hungary / Picture: © AXA

Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) has concluded an agreement to acquire 100 percent of shares in the insurance company AXA Biztosító Zrt. The takeover is subject to approval by the relevant regulatory and competition authorities. The purchase price was not disclosed.

“Hungary is one of those core markets…

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AXA, VIG Vienna Insurance Group, Insurance Industry, Hungary, M & A
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