The UNIQA Group is selling its hotel investments from the Austria Hotels International Group to an investor group headed by Oliver W. Braun (also including Günter Kerbler, Johann Kowar and others). The contract was signed on 17 December 2012 and encompasses the sale of 11 hotel properties in Vienna, Baden, Prague and Brno, as well as the Austrian and Czech operating companies responsible for managing the hotels. The parties have agreed not to disclose the purchase price. Closing is scheduled for the first quarter of 2013.
As part of its UNIQA 2.0 strategy programme, the UNIQA Group is concentrating on its core insurance business in the core markets of Austria and Central and Eastern Europe. In the current year, it has already sold its shareholding in the German Mannheimer Group and signed a contract for the sale of its equity interest in Medicur - Holding Gesellschaft m.b.H., in which various media investments are bundled. Meanwhile, the UNIQA Group has increased its equity interest in PremiQaMed Holding GmbH, which has 4 private clinics in Austria, from 75 per cent to 100 per cent and acquired the minority interests held by the European Bank for Reconstruction and Development (EBRD) in the UNIQA subsidiaries in Croatia, Poland and Hungary.
Reservations concerning statements about the future
This message contains statements that refer to future developments in the UNIQA Group. These statements are appraisals that are made based on all information available to us at the current point in time. If the assumptions on which they are based do not occur, the actual events may vary from the results currently expected. For this reason, we cannot accept liability for these statements.
Vienna, 17. December 2012