Insurance Post

Generali takes full control of GPH

luciano-cirin

Generali Group has completed the purchase from PPF Group of the first tranche of shares in its Central and Eastern Europe joint venture Generali PPF Holding.

The Italian insurer purchased 25% of the shares in the company for a fee of €1,286,000,000, under the terms of the agreement announced on 8 January 2013.

The Italian insurer already held 51% of GPH

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