Greek company Ethniki, one of the most important players in the Greek insurance market, bought the 19% stake from Banc Post, which acted as a minor shareholder in Garanta, which is largely controlled by its competitor.
Ethniki increased its participation in Romanian insurer Garanta from 72.62% to 91.62%.
Posted by Iulia Rasoiu : 1/17/2005 03:25:00 pm
Ethniki buys Banc Post stake in Garanta