Eureko Business Holdings has acquired a 58 per cent shareholding in the
Slovakian insurance company Union Insurance.
The acquisition has been made for an undisclosed sum in co-operation with
Polnobanka, the first private bank to be established in the former
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Czechoslovakia after the 1989 revolution.
Union Insurance is the seventh largest insurance company in Slovakia. Eureko
Ireland consists of life and general insurers Friends Provident and Celtic
International, it is the Irish division of the pan European Eureko alliance.
