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CROATIA osiguranje completes acquisition of BNP Paribas Cardif unit

CROATIA osiguranje d.d. said Oct. 18 that it concluded a share transfer agreement with BNP Paribas Cardif regarding the purchase of a 100% stake in BNP Paribas Cardif osiguranje.

CROATIA osiguranje agreed to acquire BNP Paribas Cardif osiguranje in May, and the Croatian Financial Services Supervisory Agency approved the transaction at the end of September. The financial details of the deal were not disclosed.

BNP Paribas Cardif is a unit of BNP Paribas SA.