May 23, 2018 / 1:28 PM / 3 months ago

Generali to buy Slovenian insurer Adriatic Slovenica

LJUBLJANA, May 23 (Reuters) - Insurer Generali CEE Holding BV, a part of Italian Generali Group, said it had agreed to purchase 100 percent of Slovenian insurer Adriatic Slovenica.

“With the takeover Generali Group will become the second-largest insurer on the Slovenian market,” it said in a statement, adding that the takeover still needs regulatory approval. (Reporting by Marja Novak, editing by Louise Heavens)

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