VIG to Start Due Diligence on Warta in October

Published: September 28, 2011; 19:55 · (Vindobona)

The Austrian insurance group intends to grow on the Polish market. An acquisition would double its premium income in the country.

VIG to Start Due Diligence on Warta in October / Picture: © Vienna Insurance Group

Vienna Insurance Group AG (VIG) expects to have the chance to scrutinize the books of Warta Insurance next month. This was announced today by the group’s CEO Günter Geyer. He said that due diligence could start in the first half of October already. VIG would have a close look at the data and then decide whether or not to buy the Polish insurance company, Geyer added. Management does…

This article includes a total of 181 words.

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