VIG Launches Squeeze Out at Nürnberger

boerse-social.com

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Vienna Insurance Group (VIG) intends to accept the remaining shareholders with 120 euros per share after the purchase of the German Nürnberger Versicherung. VIG already holds 99.29 percent and is now planning a squeeze out of the remaining shareholders. For the exclusion of minority shareholders, a corresponding resolution is necessary, among other things, at a general meeting. VIG has initiated this today and requires a non-HV to be convened. T…

Herbert Frommes Versicherungsmonitor

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The Vienna Insurance Group (VIG) mentions details of the squeeze-out procedure with which it intends to settle the minority shareholders of Nuremberg. They are to receive 120 euros per share. An extraordinary general meeting of Nuremberg has to decide on this. VIG already holds 99.29 percent of the shares. VIG wants to acquire 100 percent of Nuremberg's shares© Nürnberger The Vienna Insurance Group (VIG) is driving the [...]

Versicherungswirtschaft-heute

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The Austrian insurance group Vienna Insurance Group is pushing ahead with the complete takeover of Nürnberger Beteiligungs-AG. Following the general announcement in June, VIG has now set the exact amount of the compensation for the remaining minority shareholders. VIG sets cash compensation for minority shareholders of Nuremberg to 120 euros first appeared on insurance business today.