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VIG Officially Bids for Polish Warta

Published: November 7, 2011; 11:54 · (Vindobona)

Potential buyers of the Polish Warta insurance had to publish their offers by the end of October. Vienna Insurance Group participates.

VIG Officially Bids for Polish Warta / Picture: © Vienna Insurance Group / Votava

“We have announced our interest in acquiring Warta.”, Günter Geyer, CEO of the Vienna Insurance Group (VIG) said to the Austrian newspaper “Wirtschaftsblatt”.

Potential buyers also had to publish if a capital increase would be necessary in order to realize the acquisition. VIG has no necessity to raise the equity base. Geyer assumes that those companies, which need a…

This article includes a total of 193 words.

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