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Basel, September 12, 2025. Baloise and Helvetia today announced that they have received additional approvals for their planned merger, with the Swiss Competition Commission granting approval and the European Commission successfully concluding its Foreign Subsidies Regulation (FSR) review. Following completion of these approval processes, the companies have agreed that the closing of the transaction will take place on 5 December 2025, contingent upon obtaining all remaining regulatory authorizations.

The regulatory progress follows Baloise’s and Helvetia’s initial announcement on 22 April 2025 of their agreement to merge. Shareholders of both companies approved the merger on 23 May 2025.

The companies continue to work closely with regulatory authorities to secure any remaining approvals required for 5 December 2025 closing date. On this date, Baloise shares will be traded for the last time and delisted, and the newly issued Helvetia Baloise shares are expected to be traded for the first time on 8 December 2025. Both Baloise and Helvetia remain confident in their ability to satisfy all outstanding conditions to conclude the planned merger. 
Further information This media information at www.baloise.com
Further information This media information at www.baloise.com
About Helvetia Baloise Helvetia Baloise is Switzerland’s largest multi-line insurer and one of Europe’s leading insurance groups. Every day, more than 22,000 employees work hard to support around 13 million customers with insurance, pension, and financial solutions. These customers range from individuals and small to medium-sized enterprises (SMEs) through to international customer groups, which also benefit from areas such as specialty insurance and reinsurance. Headquartered in Basel, Switzerland, Helvetia Baloise operates in eight European markets and in global specialty markets, combining its strong Swiss roots with a clear international focus. Helvetia Baloise creates safety and security and opens up opportunities, both today and in the future. Through profitable growth and business operations that are geared to long-term stability, we create tailored solutions for our customers, provide an attractive and reliable investment for our shareholders, promote strong partnerships and offer rewarding career prospects for our employees. Helvetia Baloise Holding Ltd shares (HBAN) are listed on the SIX Swiss Exchange.
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