AZERBAIJAN: Audatex and Compulsory Insurers Bureau resume talks on sale of equity stakes

Insurance appraiser Audatex-Azerbaijan is entering a new stage of negotiations with the Compulsory Insurers Bureau for the purpose of selling equity stake of 5%.

Audatex-Azerbaijan's head Zakir Kerimzadeh has stated that before the parties have already agreed on equity stakes in the Bureau.

"An agreement was reached with Elkhan Guliyev, the former executive director of the Bureau, but the registration process was not implemented. Negotiations will be resumed with accession to the post of new executive director Fariz Azizov," Kerimzadeh said. Read the full story

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