Euroins Insurance Group already holds over 90% of Euroins Euroins Insurance Group reached a shareholding of 90.07% in the insurance company Euroins. On March 31, Specialized Logistics Systems sold its entire stake in the capital of Euroins. With two consecutive deals, the majority owner Euroins Insurance Group has increased its stake in the insurer's capital to 14,843,631 shares, representing 90.07% of the rights aloud in the general meeting of the public company. At the end of 2016 Euroins Insurance Group owned 80.92% of the capital of Euroins. By law, when crossing the border of over 90% in the capital of a company, a tender offer can be made.
Source: Capital (06.04.2017)