Media information
Sale of subsidiaries completed
Basel, 12 March 2014. The Baloise Group has completed the sale of its Croatian and Serbian subsidiaries to the Austrian UNIQA Group.
On 22 October 2013, Baloise announced that it was selling its companies in Croatia and Serbia to UNIQA for EUR 75 million and withdrawing from its business operations in south-eastern Europe. As already disclosed last year, Baloise expects to incur a one-time loss of around CHF 30 million as a result of its withdrawal from these markets.
Contact
Baloise Group, Aeschengraben 21, CH-4002 Basel
Website: www.baloise.com
Email: media.relations@baloise.com / investor.relations@baloise.com
Media Relations: Dominik Müller, tel. +41 58 285 84 67
Investor Relations: Marc Kaiser, tel. +41 58 285 81 81
Further information
Media information at www.baloise.com
All information is now available on our website at: www.baloise.com.
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