Magazine date:
Apr 2014 The Polish insurer PZU, leader of the domestic market, has announced the acquisition of 4 insurance companies of the UK-based group RSA, namely:
- Link4 (Poland)
- Lietuvos Draudimas (market leader in Lithuania)
- AAS Balta (market leader in Latvia)
- Codan Forsikring (3rd company in Estonia)
The amount of the transaction, which is expected to be closed in the second half of 2014, amounted to 498 million USD.