Uniqa Interested in NKBM´s Insurance Subsidiary

Published: August 21, 2012; 17:53 · (Vindobona)

The Austrian insurance group aims to grow in Slovenia. The financially stricken bank sells a 51% stake of the insurance business.

Uniqa Interested in NKBM´s Insurance Subsidiary / Picture: © Uniqa Group

The Vienna-listed Uniqa insurance group is interested in Zavarovalnica Maribor (ZM), which is owned by the financially stricken bank NKBM. A spokesman of Uniqa confirmed the intention to acquired ZM:

NKBM intends to sell a 51% stake. The sales price could reach up to € 70m. Besides Uniqa, the Austrian Grawe and the Slovenian Saba Re are said to submit offers to NKBM. Saba Re…

This article includes a total of 249 words.

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