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Provider: Reuters Investment Profile
Provider: GlobalData

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Banco di Desio e della Brianza SpA Concludes Sale of 51% Stake in Chiara Assicurazioni SpA

Wednesday, 24 Apr 2013 01:23pm EDT 

Banco di Desio e della Brianza SpA announced that it has concluded the sale of the 51% stake held in the share capital of Chiara Assicurazioni SpA, with effect from May 1, 2013. Following the sale, the stake in Chiara Assicurazioni by the Company is equal to 32.7%, and the capital gains, compared with a consideration of approximately EUR 12.5 million, is approximately EUR 4.8 million. The 51% stake in the Company was transfered to Helvetia Compagnia Svizzera di Assicurazioni SA, for a corresponding value of EUR 18.8 million. 

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25 Jul 2014