Brief: Gjensidige To Acquire Pensam Forsikring

Gjensidige Forsikring ASA

26/06/2023 08:29

June 26 (Reuters) - Gjensidige Forsikring ASA  GJFG.OL :
    * GJENSIDIGE HAS AGREED TO ACQUIRE PENSAM FORSIKRING A/S IN
DENMARK
    * HAS AGREED TO ACQUIRE PENSAM FORSIKRING (PF), A P&C
INSURANCE
PROVIDER IN DENMARK
    * ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q4 OF 2023
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE
    * ACQUISITION WILL STRENGTHEN CO'S ABILITY TO GENERATE
PROFITABLE
GROWTH IN DENMARK
    * SEES SIGNIFICANT POTENTIAL TO IMPROVE COST EFFICIENCY FOR
PORTFOLIO

Source text for Eikon:  ID:nObiLFrc8a 
Further company coverage:  GJFG.OL 

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