WABERER’S INTERNATIONAL Plc. announced back in November 2025 that its wholly owned subsidiary, the insurance company Gránit Biztosító Plc. exercises its call option right as set out in the Framework Cooperation Agreement concluded with Magyar Posta Plc. simultaneously with the share purchase agreement relating to the acquisition of a majority stake and acquires the 33.095% shareholding held by the minority shareholder (Magyar Posta Plc.) in Magyar Posta Biztosító Plc., a non-life insurance company, thereby increasing its ownership to 100%.
Following the receipt of all required regulatory approvals, Gránit Biztosító has successfully completed the transaction as of March 5, 2026.
As previously disclosed in November 2025, the price of the minority stake was determined in the Framework Cooperation Agreement and was identical to the price applied in the acquisition of the majority stake. The transaction was financed entirely from Gránit Biztosító’s own funds.
The present transaction does not affect the ownership structure of Magyar Posta Életbiztosító Zrt., a life insurance company majority-owned by Gránit Biztosító.
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