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VIG seeks to acquire majority stake in Moldovan insurer Moldasig

Vienna Insurance Group (VIG) aims to acquire 80% of Moldasig S.A., enhancing its market share in Moldova from 14% to approximately 30%. The Moldovan National Bank has approved VIG as a potential buyer, with VIG emphasizing its commitment to the local economy and customer focus.Polytec received a Buy recommendation from Warburg, raising its price target to EUR 4.9, while Oddo BHF rated it as Outperform at EUR 3.6. Raiffeisen Zertifikate was awarded the SPi Europe Award for Excellence 2025 as Austria's best issuer of structured products, maintaining its industry leadership.

global markets react to us election results with mixed signals

The Dax index showed stability, rising 0.2% amid concerns over Donald Trump's potential return to the White House, which could lead to protectionist policies affecting European companies. Asian markets fluctuated, with Japan's Nikkei gaining 2.9%, driven by technology stocks, while investors awaited key political meetings in China. In Europe, shares of major car manufacturers fell due to fears of tariffs, despite some companies like Commerzbank and Fresenius reporting positive quarterly results.
08:36 06.11.2024
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