RESO buys 25% in VSK

The insurance market leader Reso-Garantia, owned by the Sarkisov brothers, will purchase a 25% blocking stake in its rival Voennaya Strakhovaya Kompaniya (VSK). ¬≠Negotiations on the deal conditions began in May 2011 with the evaluation procedure being completed in late August. Both companies are elder statesmen of the Russian insurance market with long-established business relations, […]