Distressed German insurer Gerling has boosted its equity base to €450mn after a group of German businesses and investors injected €150mn into the group in exchange of 30 percent of the company’s equity.
Gerling raises €150mn
Distressed German insurer Gerling has boosted its equity base to €450mn after a group of German businesses and investors injected €150mn into the group in exchange of 30 percent of the company’s equity.