STATE INSURER PRIVATISATION TO BE FINALIZED

Business | June 11, 2001, Monday // 00:00

The deal on the State Insurance Institute (DZI) will be finalized by this week`s end, Privatisation`s Agency CEO Levon Hampartsumyan, said. Consortium between TBI Holding and DZI 2000 MEBO will become owner of 67% of the state insurer. The consortium is the only candidate-buyer. After the sale 5% of the DZI will go to Economic and Investment Bank, which will finance 5% of the deal.
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