January 30, 2018 / 11:06 AM / 6 months ago

BRIEF-Storebrand completes Silver transaction

Jan 30 (Reuters) - Storebrand Asa:

* THE NECESSARY REGULATORY APPROVALS ARE NOW IN PLACE AND STOREBRAND HAS TAKEN OVER SILVER PENSJONSFORSIKRING AS UNDER PUBLIC ADMINISTRATION, INCLUDING INSURANCE PORTFOLIOS AND THE COMPANY.

* SILVER IS AS OF TODAY A WHOLLY OWNED SUBSIDIARY OF STOREBRAND LIVSFORSIKRING AS

* THE TRANSACTION IS COMPLETED IN ACCORDANCE WITH THE AGREEMENT BETWEEN THE ADMINISTRATION BOARD AND STOREBRAND Source text for Eikon: Further company coverage: (Reporting By Joachim Dagenborg)

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