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Mergers

VIG seeks to acquire insurer Nuernberger for €1.38bn

· Insurance · updated

Location
Nuremberg · 🇩🇪 Germany
Sector
Banking
Organisations
Vienna Insurance Group (VIG) ↔ Nuernberger Beteiligungs AG
Transaction
Acquisition
Volume
€1.38 billion (approx. $1.61 billion)
Status
completed

The Austrian VIG intends to acquire all shares of the German insurer Nuernberger; major shareholders such as Munich Re have signalled a willingness to sell. Update (18.05.2026): With all regulatory approvals granted, VIG completed its takeover offer and now holds 99.2% of Nürnberger's share capital and voting rights; the location and brand are retained (Versicherungswirtschaft heute, 18.05.2026).

Source: reuters.com ↗ · Archived copy ↗

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