BULGARIAN insurer EIG gets regulatory nod to take over peer HDI Zastrahovane

30 March 2015 —
Bulgaria's Euroins Insurance Group (EIG) has received regulatory approval to take full control of HDI Zastrahovane, the Bulgarian unit of Germany-based Talanx International, the competition regulator said on Friday.

The regulator's decision was adopted on March 24 and can be appealed before the Supreme Administrative Court within a 14-day period after it was published, the Commission for Protection of Competition (CPC) said in a statement on its website.

EIG has asked for approval o acquire the 94% in HDI Zastrahovane it does not yet own, according to the statement. Read the full story BULGARIAN insurer EIG gets regulatory nod to take over peer HDI Zastrahovane
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