ROMANIAN insurer ASTRA Asigurari has put up for sale 160 million shares

8 June 2015 —
Romanian insolvent insurer Astra Asigurari has put up for sale 160 million shares, with RON 2.66 (EUR 0.6) per share, to raise EUR 95.7 million.

The Financial Supervisory Authority (ASF) has asked for a capital increase, so that the company's solvency and liquidity indicators return within legal limits.

Astra Asigurari could find out in July whether there is any strategic investor interested in acquiring it, said Misu Negritoiu, president of the country's Financial Supervisory Authority. Read the full story ROMANIAN insurer ASTRA Asigurari has put up for sale 160 million shares
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