Locked content PZU with green light to buy Link4

The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of Link 4 by Poland’s largest insurer PZU, the watchdog said in a statement on Thursday. “PZU’s position will not strengthen significantly on any of the analyzed markets, mostly due to the low market share held by PZ...

Locked content Bank of Lithuania allows PZU acquisition

PZU has received the go-ahead for an acquisition of shares in the Lithuanian firm Lietuvos Draudimas AB. ISBnews reported that the Bank of Lithuania gave permission for the transaction, meanwhile PZU still awaits an antitrust decision on the matter. The Polish insurer has signed a deal with Royal &a...

Locked content EBRD buys PZU bonds

The European Bank for Reconstruction and Development has announced the purchase of €40 million worth of bonds issued by Poland’s largest insurer PZU. The purchase is part of the Polish insurer’s €500 million debt issue. PZU aims to spend the issue proceeds on increasing its presence in the regional ...