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News Kardan 25-09-08


KARDAN SELLS ROMANIAN PENSION ACTIVITIES AT SIGNIFICANT PROFIT

Amsterdam, September 25, 2008 - International investment company Kardan N.V. (Kardan) announces that its group company TBIH Financial Services Group N.V. (TBIH) has reached an agreement on the sale of its 90% stake in the Romanian pension fund Omniasig Pensii to Romanian financial group BCR (part of Erste Group Bank AG).


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