Reuters logo
BRIEF-Baloise Holding says to acquire Pax Anlage
January 6, 2017 / 6:11 AM / a year ago

BRIEF-Baloise Holding says to acquire Pax Anlage

Jan 6 (Reuters) - Baloise Holding AG :

* Baloise is to acquire Pax Anlage AG and boosts its real-estate portfolio

* Transaction represents a further expansion of Baloise’s real-estate portfolio and Baloise thereby invests up to 288 million Swiss francs ($284.67 million) of insurance assets in an asset class

* Published the pre-announcement of a public takeover offer for the remaining approx. 30 per cent of shares in free float at a price of 1,600 Swiss francs per share Source text: bit.ly/2iOHrQU Further company coverage: ($1 = 1.0117 Swiss francs) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below