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Baloise Holding AG ( (CH:BALN) ) has issued an announcement.
Baloise and Helvetia shareholders have approved a merger to form Helvetia Baloise Holding AG, positioning it as the second-largest insurance group in Switzerland and a leading European insurer. This strategic merger, expected to complete in the fourth quarter of 2025 pending regulatory approvals, aims to enhance competitiveness and create sustainable value, with Thomas von Planta elected as the future chairman.
The most recent analyst rating on (CH:BALN) stock is a Hold with a CHF170.00 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.
More about Baloise Holding AG
Baloise Holding AG is a prominent company in the insurance industry, primarily offering insurance services. It focuses on both the domestic Swiss market and the broader European market.
Average Trading Volume: 133,130
Current Market Cap: CHF8.7B
See more data about BALN stock on TipRanks’ Stock Analysis page.