Brief: The Helvetia Board Of Directors Approves The Planned Merger Of Caser, Helvetia Seguros And Helvetia Holding Suizo

Helvetia Baloise Holding AG

16/05/2025 06:04

May 16 (Reuters) - HELVETIA HOLDING AG HELN.S:

THE BOARD OF DIRECTORS APPROVES THE PLANNED MERGER OF CASER, HELVETIA SEGUROS AND HELVETIA HOLDING SUIZO

WILL CONTINUE TO BE MAJORITY SHAREHOLDER OF CASER WITH MORE THAN 85% OF SHARES

MUST STILL BE APPROVED BY RESPECTIVE GENERAL MEETINGS AND SUPERVISORY AUTHORITIES

SHAREHOLDER VOTE ON MERGER EXPECTED BY END OF JUNE 2025

HELVETIA IS CONFIDENT THAT IT WILL BE ABLE TO SUCCESSFULLY COMPLETE MERGER OF LEGAL ENTITIES ON 1 JANUARY 2026

UNICJAJA AND IBERCAJA TO HOLD 7% STAKE EACH IN NEW ENTITY

TO HOLD OVER 85% OF CASER SHARES POST-MERGER

Source text: ID:nEQ9z5JDYa

Further company coverage: HELN.S

 (Gdansk Newsroom)

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