Deals
Uniqa Acquires Baloise’s Croatian, Serbian Insurance Units
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Uniqa Insurance Group AG, Austria’s second-biggest insurer, agreed to buy Baloise Holding AG’s units in Croatia and Serbia for 75 million euros ($103 million).
Baloise, Switzerland’s third-biggest insurer, expects a one-time loss of 30 million Swiss francs ($33 million) from the transaction, according to an e-mailed statement today.