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5 years ago
BRIEF-FBD Holdings sells Luxembourg subsidiary for 34.7 mln euros
December 11, 2012 / 6:41 PM / 5 years ago

BRIEF-FBD Holdings sells Luxembourg subsidiary for 34.7 mln euros

LONDON, Dec 11 (Reuters) - FBD Holdings PLC : * Disposal of subsidiary * FBD disposes of captive reinsurance subsidiary * sold Abbey Reinsurance S.A. ("Abbey Re"), its Luxembourg-based subsidiary, to Groupe PPR * Total cash consideration of E34.7 million.

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