Vienna Insurance Group Announces Voluntary Public Purchase Offer

Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) has announced its decision to make a voluntary public purchase offer for NÜRNBERGER Beteiligungs-AG. On October 16, 2025, VIG offered to acquire all no-par value registered shares of NÜRNBERGER for EUR 120.00 per share. Key shareholders, representing approximately 64.4% of NÜRNBERGER's share capital, have agreed to tender their shares. Additionally, NÜRNBERGER's management board members will tender their shares into the offer.

VIG and NÜRNBERGER have signed a business combination agreement outlining the offer's details, governance structure, and future strategy. The completion of this offer is subject to customary conditions, including regulatory approvals and achieving a controlling majority. The offer document will be available online, providing comprehensive details.