Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

PZU close to acquiring Lithuanian rival Lietuvos draudimas: Sources

Reprints

PZU Group is close to buying Lithuanian insurer Lietuvos draudimas from RSA Insurance Group, sources said.

They said the Lithuanian insurer will be sold for around €100 million ($138.8 million), Reuters reported.

"The deal is in the final straight," a source said.

Media reports had earlier suggested that PZU Group and Vienna Insurance Group A.G. were bidding for the Lithuanian insurer.

Read more