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Baloise Holding AG completes sale of its Croatian and Serbian subsidiaries


Wednesday, 12 Mar 2014 02:00am EDT 

Baloise Holding AG:Announces it was selling its companies in Croatia and Serbia to UNIQA for 75 million euro and withdrawing from its business operations in south-eastern Europe.Expects to incur one-time loss of around 30 million Swiss francs as a result of its withdrawal from these markets.