UPDATE: GENERALI CEE is negotiating the acquisition of ADRIATIC Slovenica

24 May 2018 — Daniela GHETU
According to the KD Group Slovenian unit's website, the purchase price of ADRIATIC Slovenica will be of EUR 245 million. On 23 May 2018, the company concluded a contract with Generali CEE Holding, BV on the sale of a 100% stake in the Slovenian insurer.

The execution of the transaction is subject to the prior fulfillment of several conditions, inter alia through the acquisition of appropriate regulatory approvals and subject to the approval of a contract by the general meeting of shareholders of KD Group based on Article 330 of the Companies Act. The deal is expected to be completed in the second half of 2018.

http://xprimm.com/SLOVENIA-Italian-insurer-Generali-buys-Adriatic-Slovenica-for-EUR-245-m-articol-2,10,28-11263.htm

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