Allianz announces that it has completed the transaction to acquire a majority stake in Jubilee Holdings Limited’s general insurance business in East Africa, namely Kenya, Uganda, Tanzania, Burundi and Mauritius.
UniCredit and Allianz have signed a framework agreement and two share purchase agreements related to their respective footprints in the Republic of Croatia. UniCredit will purchase Allianz’s entire 11.72 percent stake in Zagrebačka banka dioničko društvo (“Zaba”). Allianz will acquire 16.84 percent minority stake held by Zaba in Croatian insurance company Allianz Hrvatska dioničko društvo za osiguranje.
