Latest news and stories about insurer stake in Portugal for expats and residents.
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The insurer retains control of the hospital group and highlights the asset's strategic importance. Three Australian directors will join the board, but executive management will remain unchanged.
Toscafund, the largest shareholder of insurer Caravela, has put its holding in the insurer up for sale and appointed Mediobanca as adviser on the transaction, Bloomberg reported on Monday, citing people close to the potential deal. The fund took a stake in what is the seventh-largest non-life insurer in Portugal in 2019, through ...
