Meiji Yasuda sells stake at Talanx

Japanese insurer Meiji Yasuda has sold its PLN 600 million stake at German Talanx , which owns Polish insurers Warta and TU Europe, Puls Biznesu daily reported. According to the daily, the Japanese company bought a 6.5 stake at Talanx three years ago,  and it now has less than 5 precent at it's disposal.  Meiji asserted that it is going to remain the German firm's shareholder for the long-term. Meiji Yasuda has not revealed the reason behind its decision.