STOREBRAND ASA – Divestment of 50% ownership in Storebrand Helseforsikring AS
Storebrand ASA ("Storebrand") has entered into an agreement with ERGO International AG (“EI”), a wholly-owned subsidiary of ERGO Group AG ("ERGO") to sell its 50% stake in Storebrand Helseforsikring AS ("SBH" or the "Company"). ERGO currently owns the remaining 50% of the Company. SBH is a health insurance joint-venture in which ERGO International AG and Storebrand ASA each previously held a 50 percent stake. The Company is headquartered at Lysaker in Norway and offers medical expense insurance in the corporate and retail markets in Norway and Sweden. "We have had a successful history