May 25 (SeeNews) - Insurer Croatia Osiguranje said on Thursday it has concluded a deal with French peer BNP Paribas Cardif Insurance to take over 100% of its local unit for an undisclosed price.
Croatia Osiguranje said in a Zagreb bourse filing that it will become the sole owner of BNP Paribas Cardif Insurance in Croatia.
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The sale and purchase agreement will be valid once it is approved by the Croatian financial services supervisory agency.