February 27 (SeeNews) - Slovenian reinsurer Sava Re d.d. [LJE:POSR] said on Wednesday it has acquired the entire capital of Croatian insurers ERGO Osiguranje and Ergo Zivotno Osiguranje.
The transaction was made in accordance with a contract signed on April 13, Sava Re said in a filing with the Ljubljana Stock Exchange (LJSE).
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No financial details were revealed.
The acquisition was carried out through Zavarovalnica Sava, a wholly-owned subsidiary of Sava Re, the Slovenian company said.