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'Several parties' interested in Vienna Insurance's 10% stake in S IMMO

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'Several parties' interested in Vienna Insurance's 10% stake in S IMMO

Vienna Insurance Group AG's 10% stake in real estate investment company S IMMO AG has drawn interest from "several parties," Reuters reported, citing a spokesman for the Austrian insurance company.

The news outlet quoted the spokesman as saying that it is too early to say if Vienna Insurance is contemplating a sale of its S IMMO stake because "there is no concrete offer yet."