Outsurance to boost its investment in Aussie insurer Youi

Belgique Nouvelles Nouvelles

Outsurance to boost its investment in Aussie insurer Youi
Belgique Dernières Nouvelles,Belgique Actualités

The group aims to buy out the 5.3% stake in its Australian insurer Youi, which is currently held by co-founder Willem Roos

Short-term insurer Outsurance has struck a deal to boost its ownership of its Australian business Youi Holdings by up to an additional 5.3%.

The group advised shareholders on Friday that Outsurance Holdings, the subsidiary in which the group has an 89.7% stake, had entered into an agreement with a co-founder Willem Roos that will see it acquire half his shareholding, which represents 2.65% in Youi, for A$36m . Outsurance retains an option to acquire a further 2.65% in Youi by end-October 2023...

 

You never get anything out

Belgique Dernières Nouvelles, Belgique Actualités



Render Time: 2025-01-10 11:25:45