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Slovenian insurer Triglav set to absorb real estate unit

Slovenian insurer Triglav set to absorb real estate unit

LJUBLJANA (Slovenia), April 28 (SeeNews) - Slovenian insurer Zavarovalnica Triglav [LJE:ZVTG] said on Monday it has signed an agreement to absorb its fully-owned real estate subsidiary TRIGLAV NEPREMICNINE.

The merger by acquisition procedure is in line with the optimization of the management of real estate property owned by Zavarovalnica Triglav, the insurer said in a bourse filing.

The procedure should be approved by Slovenia's Insurance Supervision Agency.

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