Warsaw (Puls Biznesu) – Polish insurance and pension funds authorities KNUiFE said yesterday it would agree for Eureko to buy shares of PZU, Poland’s largest insurance company, if the Dutch financial group proves it has enough money for the transaction. ‘These must be available assets without debts’, Jan Monkiewicz, KNUiFE head said.
Eureko applied for the agreement to buy additional 21 percent of PZU shares. The insurer explained at that time it could not prove it had funds for the transaction as it was not clear when the transaction would be conducted, so it did not want to block money.
Poland/Enterprises/Insurance