www.reuters.com - (Reuters) - Germany's Gothaer Insurance Group is in talks to buy a majority stake in Turkish insurer Isik Sigorta from Bank Asya (ASYAB.IS), four sources close to the process told Reuters, as it seeks to tap a potential growth market.
One of the sources said an American insurer was also interested in buying the stake.
Turkey's Bank Asya, which offers banking services that comply with Islamic law, holds a 65.42 percent stake in Isik Sigorta, according to the insurer's website. Other shareholders may also sell their stakes, the sources said. (source)
Showing posts with label gothaer. Show all posts
Showing posts with label gothaer. Show all posts
Friday, 23 March 2012
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