DB Insurance to acquire US company Fortegra for 2.3107 trillion won

DB Insurance [Provided by DB Insurance. Resale and DB prohibited]

KOSPI-listed company DB Insurance [005830] announced on the 26th that it will invest approximately 2.3107 trillion won in the US insurance company, The Fortegra Group.

After the investment, the stake will be 100%.

DB Insurance stated the purpose of this measure is "to secure management rights through the acquisition of the target company's shares."

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