The Intended VIG Acquisition of Polish Warta Faces a Tough Competition

Published: October 17, 2011; 14:29 · (Vindobona)

According to the Polish daily Rzeczpospolita, analysts estimate the value of the Polish insurer Warta at € 230-340m.

The Intended VIG Acquisition of Polish Warta Faces a Tough Competition / Picture: © Vienna Insurance Group

More than ten companies have expressed their interest and have already received preliminary information. Apart from Vienna Insurance Group, interested in buying Warta are: Axa, Generali, HDI Asekuracja and Allianz, also Swiss Zurich would like to return to the Polish market. The transaction is expected to be finalized not sooner than in January.

According to Rzeczpospolita,…

This article includes a total of 118 words.

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