Uniqa Aims for Growth in CESEE Region

Published: March 5, 2012; 17:06 · (Vindobona)

The Austrian insurance group wants to sell stakes by the minority shareholders of subsidiaries in Eastern Europe. The capital increase is scheduled for 2013.

Uniqa Aims for Growth in CESEE Region / Picture: © Uniqa

Uniqa plans to compensate minority shareholders at their subsidiaries. A “high triple-digit million amount” is needed therefore. Nevertheless, a capital increase is not essential this year. Uniqa´s management holds on the capital increase next year. “We want to wrap up these deals in 2012 and 2013.” CEO Andreas Brandstetter commented. At the moment, the equity provision would…

This article includes a total of 373 words.

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