Eleven letters of intent were received for the buying of shares in Croatia insurance company, and Italian Generali has joined the race.
Among the six insurers is not the German Ergo, but there are AIG, Grawe, VIG, MA and Triglav, while in the group of interested customers, which insurance is not core business, are domestic Adris, European Bank for Reconstruction and Development, IFC, International Finance Corporation of World Bank Group and the private equity fund Capital Ana.
In government, it seems that, the most excitement is around letter of intent from the U.S. AIG which arrived a bit unexpected, but what AIG intended, will be clear after 20 September, when submit of non-binding bids will be concluded.’
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