Helvetia completed the acquisition of a 9.351% stake in Baloise from Cevian Capital.

Synopsis

Helvetia, an international insurance group, completed the acquisition of a 9.351% stake in Baloise, an insurance and banking company, from Cevian Capital, an investment firm. Financial terms were not disclosed.

Principals

target

Baloise Holding

bidder

Helvetia Holding

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Market Context