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Uniqa Sells German Mannheimer Group

Published: April 16, 2012; 15:27 · (Vindobona)

The Austrian insurance company concludes the sale of its majority stake in Mannheimer AG.

Uniqa Sells German Mannheimer Group / Picture: © UNIQA Group

Uniqa finalized the sale of Mannheimer to the insurance association “Die Continentale”. Uniqa held 91.7% in Mannheimer. Already in November, Uniqa resolved to sell its German subsidiary. Today, the transaction was signed. The sale price was not disclosed. The transaction still depends on the approval by the local authorities. So, the closing is expected to take place within the next…

This article includes a total of 234 words.

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