Locked content NN PTE sells its stake in Vantage Development

Pension fund manager Nationale-Nederlanden PTE sold off its entire 9.85 percent stake in WSE-listed real estate group Vantage Development. The transaction was a part of the tender offer for Vantage Development by Fedha, the developer’s subsidiary.. Fedha, bought 15.1 million shares in the buyo...

Locked content Budimex to takeover two companies. Changes in shareholder structure

WSE-listed builder Budimex facility management unit FB Serwis filed for regulator’s approval for a planned takeover of communal services firms Trans-Formers Wrocław and Trans-Formers Karpatia, antitrust watchdog UOKiK said in a statement. The company also announced, that its lead shareholder F...

Locked content Nationale Nederlanden acquires DK Notus

Insurer Nationale-Nederlanden has acquired a 100 percent stake in financial broker Dom Kredytowy Notus, the company informed in a marketing filing. The transaction is set to be completed in H2 2016 after obtaining the approval of the antimonopoly watchdog UOKIK. “The partnership with Notus Dor...

Locked content ING insurer changes name to Nationale-Nederlanden

ING Group has spun off its investment and insurance operations and transformed them to Nationale-Nederlanden Group. In Poland, the insurer will start operating under the new name since July 20, 2015. The change does not apply to ING Bank Śląski. Before April 2008, ING insurance arm operated under th...