Brief: Altus Unit Signs Deal To Take Over Nationale Nederlanden TFI Assets

Altus SA

11/10/2022 06:46

Oct 11 (Reuters) - Altus SA  ALI.WA :
    * SAID ON MONDAY UNIT ROCKBRIDGE TFI HAS SIGNED INVESTMENT
DEAL TO
TAKE OVER ALL ASSETS OF NATIONALE NEDERLANDEN TFI (NN TFI)
    * IN EXCHANGE NN TFI SHAREHOLDER NNLIFE TOWARZYSTWO
UBEZPIECZEŃ NA
ŻYCIE I REASEKURACJI TO GET 63,709 NEW SHARES (9.9% STAKE) IN
ROCKBRIDGE TFI
    * NEW SHARES TO BE REPURCHASED BY ROCKBRIDGE TFI IMMEDIATELY
AFTER
TAKEOVER REGISTRATION FOR REDEMPTION
    * VALUE OF NN TFI ASSETS ASSESSED AT 43.0 MILLION ZLOTYS
    * DEAL REQUIRES APPROVAL FROM POLAND'S ANTIMONOPOLY OFFICE
UOKIK

        
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