KBC Finalises Acquisition of 70% Stake in DZI Insurance, Bulgaria

KBC has received all the regulatory approvals required to successfully close the acquisition of a 70% stake in DZI Insurance. This follows the initial agreement on 30 January 2007 between KBC and Kontrakt Sofia for the 70% stake acquisition. KBC plans to launch a public takeover bid in the near future for the outstanding 30% of DZI Insurance’s shares.

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