SP Investments LLC (the United States) on April 22 acquired 77 million shares, or 100% of the charter capital, of PrJSC Etalon Insurance Company (Kyiv), according to the insurer’s official information. Prior to the acquisition of shares, SP Investments LLC or its affiliates did not hold shares in Etalon. According to the report, the highest price of shares, which were purchased within 12 days, was UAH 0.205 per share.
Etalon insurance company was established in 1993. It has 24 licenses for nine compulsory and 15 voluntary types of insurance. The company offers more than 50 insurance products for individuals and legal entities. It has an extensive regional network of representative offices in Ukraine.