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New Deal


Announced

Team members of the Russian unit of Zurich Insurance Group to acquire the unit.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Domestic

Single Bidder

Acquisition

Majority

Pending

Full Line Insurance

insurance provider

Russian Federation

Private

Synopsis

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Team members of the Russian unit of Zurich Insurance Group, a Swiss insurance company, agreed to acquire the unit. Financial terms were not disclosed. The transaction will allow the new company to retain a professional team with accumulated insurance expertise and to continue serving the Russian market.

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