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Dubai Investments submits offer to acquire National General Insurance

Dubai Investments submits offer to acquire National General Insurance
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Dubai Investments
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Dubai – Mubasher: Dubai Investments has submitted an offer to acquire all or part of the UAE-based National General Insurance Company’s stakes.

The company seeks to purchase a stake in National General Insurance Company at a price of AED 3.12 per share, according to a bourse filing on Wednesday.

It is noteworthy to mention that during the first nine months (9M) of 2021, the company reported a 9% increase in net profits attributable to the owners to AED 455.6 million, compared to AED 418.069 million in the year-ago period.