OREANDA-NEWS.  Meiji Yasuda informed Talanx AG today that it had reduced its shareholding in Talanx below the threshold of 5.0 percent of the share capital. Since the initial public offering of Talanx in October 2012, Meiji Yasuda has held 6.5 percent of the shares. Talanx and Meiji Yasuda are committed to continuation of their successful partnership in the international retail business. This approach has already yielded benefits in the two jointly acquired Polish insurers Warta and TU Europa. Meiji Yasuda has informed Talanx that it intends to retain a shareholding in the Group over the long term.

HDI V.a.G. continues to hold 79.0 percent of the shares and remains the long-term majority shareholder. As a result of the placement of Meiji Yasuda, the proportion of shares in free float will increase from 14.5 to 21.0 percent. The Talanx position in the MDAX is likely to be further strengthened due to the increased free float

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