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New Deal


Announced

Completed

CIG Pannonia completed the acquisition of D.A.S. Jogvédelmi Biztosító.

Financials

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

Sources

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Tags

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Hungary

legal defence insurance

Full Line Insurance

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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CIG Pannonia, an insurance company that provides life insurance and other insurance services, completed the acquisition of D.A.S. Jogvédelmi Biztosító, a Hungary-based legal defence insurance company. Financial terms were not disclosed.

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