Allianz scraps proposed acquisition of Income Insurance: Source

Quick Summary:

Allianz SE has scrapped a proposed $1.5 billion euro (US$1.

The decision will likely be announced publicly in the coming week, the source said, declining to be named.

Bloomberg reported earlier on Friday that the German insurer was close to scrapping the deal.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Allianz Income Stake Insurance Deal Source Singapore German 2024 Announced Insurer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 11:58:16 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 259 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24405020

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 27 posts per day

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