Business Insurance

Login  |  Register Subscribe

cbVid =

Russian insurer AlfaStrakhovanie's shareholders approve sale of stake in Ukrainian unit

May 27, 2014 - 6:00am

Shareholders of Russian insurer AlfaStrakhovanie Group have approved the sale of the insurer's 50% stake in its Ukrainian subsidiary PJSC Alfa Strakhuvannya to the Ukrainian unit of Russia's Alfa Group Consortium, reports Forinsurer.

Alfa-Bank Ukraine is acquiring the shares through Cyprus-based Innocast Holdings Ltd.

Innocast holds 99.99% of the shares in the Alfa Strakhuvannya.

Read more


Get our daily Global Focus newsletter

You may also want to visit

International Content