Eureko and Rodardo sign agreement on Interlife, Cyprus
Eureko B.V. and Rodardo Limited today announced that they have signed an agreement which will lead to the sale and purchase of 98.9 per cent of shares in the Interlife Insurance Co. Ltd and 100 per cent of the shares in Interamerican Assistance Ltd. Interlife is Eureko’s operating company in Cyprus.
Rodardo is a Cypriot investment company of which the current CEO of Interlife is one of the shareholders. The managementteam of Interlife will remain unchanged. The selling price is not disclosed and has no material impact on Eureko’s financial ratio’s. Closing of the deal is foreseen by the end of May 2010. The transaction is subject to regulatory approval in Cyprus.
For further information, please contact:
Bert Rensen, Press Officer Eureko
Phone: +31 65 163 57 28
Sandra van Gils, Investor Relations Manager Eureko
Phone: +31 61 362 84 23
Eureko is an unlisted leading insurance group that besides its home country The Netherlands, is also active in ten other European countries. Our core business is insurance – life, non-life and health – and services relating to pensions. Building on our cooperative roots, Eureko’s mission is to achieve balanced value creation for all stakeholders: customers, distribution partners, shareholders and employees. Over 2008 Eureko realised gross written premiums of almost 20 billion euros with about 25,000 employees.