Thursday, June 28, 2007

Uniqa's stake in Romania's Astra now 50 pct plus 1 shr, to make mandatory offer

VIENNA (Thomson Financial) - Austrian insurance company Uniqa Versicherungen AG said it has bought a further 23 pct in Romania's Astra and now holds 50 pct plus one share in the listed company. In accordance with Romanian law, Uniqa will make a mandatory offer to buy the remaining shares in Astra, the insurer said in a statement.

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