June 22 (SeeNews) - Financial and insurance group Eurohold Bulgaria [BUL:4EH] will buy the remaining 10.64% stake in its unit Euroins Insurance Group (EIG) it does now own yet from private equity fund South Eastern Europe Fund (SEEF) for an undisclosed price, Eurohold said on Friday.
Following the completion of the deal, Eurohold will own 100% of EIG and thus will consolidate the interest it holds in its units EIG, Auto Union, Eurolease Group and Euro-Finance, the Bulgarian holding company said in a bourse filing.
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Currently, Eurohold owns 100% of Auto Union, Eurolease Group and Euro-Finance.
EIG provides services to more than 2.5 million customers in several countries including Bulgaria, Romania, Macedonia, Ukraine and Greece.
Eurohold Bulgaria's portfolio includes companies active in financial services, leasing, insurance and car sales.
Private equity fund SEEF is managed by Greece's Global Finance.