tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Helvetia Holding AG Acquires Majority Stake in OVB Holding AG

Story Highlights
Helvetia Holding AG Acquires Majority Stake in OVB Holding AG

Claim 50% Off TipRanks Premium and Invest with Confidence

OVB Holding ( (DE:O4B) ) has provided an update.

Helvetia Holding AG has acquired a significant stake in OVB Holding AG following a merger with Baloise Holding AG. This acquisition results in Helvetia Holding AG holding a total of 96.98% voting rights in OVB Holding AG, marking a substantial shift in ownership and potentially impacting the company’s strategic direction and stakeholder interests.

The most recent analyst rating on (DE:O4B) stock is a Hold with a EUR20.00 price target. To see the full list of analyst forecasts on OVB Holding stock, see the DE:O4B Stock Forecast page.

More about OVB Holding

OVB Holding AG operates in the financial services industry, providing financial advisory and brokerage services. The company is headquartered in Cologne, Germany, and is listed on several German stock exchanges including Frankfurt, Berlin, and Munich.

Average Trading Volume: 114

Technical Sentiment Signal: Hold

Current Market Cap: €275.1M

For an in-depth examination of O4B stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1