Saturday, January 22, 2011

Central Bank of Iceland Sells Insurance Company

money-banknotes_psA mutual fund called SF1, which is run by Arion Bank?s mutual fund, has bought a 52.4 percent share in the insurance company Sj�v� from the Central Bank of Iceland for almost ISK 4.9 billion (USD 42 million, EUR 31 million).

Source: http://icelandreview.com/icelandreview/daily_news/?cat_id=29314&ew_0_a_id=372791

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