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as of 17/01/2020 16:28:22

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Non-cash payment
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1.96000
1.95900
Buying rate
1.94850
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BNB fixing
1.95583
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1.80410
1.80110
Buying rate
1.72210
1.72510
BNB fixing
1.76074
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2.35841
2.35341
Buying rate
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2.23741
BNB fixing
2.29814
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Selling rate
1.86481
1.85981
Buying rate
1.77881
1.78381
BNB fixing
1.82175
БГ
KBC acquires MetLife’s 40% stake in UBB-MetLife joint venture 29 Decempber 2017

Today, MetLife and KBC reached agreement for KBC (through DZI, its Bulgarian insurance subsidiary) to acquire MetLife’s remaining 40% stake in UBB-MetLife Life Insurance Company AD, a life insurance joint venture between UBB and MetLife (“UBB-MetLife”). Earlier this year, as part of KBC’s acquisition of UBB and Interlease, KBC (through UBB) acquired 60% of UBB-MetLife, which will be now transferred to DZI. Thus, DZI will acquire 100% ownership over UBB-Metlife.

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