VIG Acquires Jahorina Insurance in Bosnia and Herzegovina

Published: October 20, 2011; 14:28 · (Vindobona)

The Vienna Insurance Group AG Wiener Versicherung Gruppe is the new majority shareholder in the Jahorina Osiguranje AD Pale (Jahorina) insurance company in the Republic of Bosnia and Herzegovina.

VIG Acquires Jahorina Insurance in Bosnia and Herzegovina / Picture: © Vienna Insurance Group

The Vienna Insurance Group informed that it has acquired approximately 91.7 percent of the company's overall capital and approximately 96.6 percent of the voting shares in the company, which results in the entry of the Vienna Insurance Group into its 25th market. The Vienna Insurance Group will subsequently issue a takeover bid to all remaining voting shareholders of the company in…

This article includes a total of 223 words.

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