08/17/2021
Stake was acquired from BaltCap Private Equity Fund II. Financing for the transaction in the amount of above €20mn was provided by Luminor, the third-largest provider of financial services in the Baltics.
08/17/2021
The transaction is subject to closing conditions, including receipt of regulatory approvals, and is expected to close by Q4 2021.
08/12/2021
The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.
08/11/2021
The market is very different in Europe than in the U.S., because it is much more consolidated among managers, he said.