Tag: Income
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Allianz withdraws offer for majority stake in Income Insurance following Govt opposition
Allianz SE has announced its decision to withdraw a proposed S$2.2 billion (US$1.6 billion) voluntary cash general offer to acquire a 51% stake...
Allianz reportedly abandons NTUC Income acquisition after government’s intervention
Reuters reported on Saturday that German insurer Allianz has abandoned its S$2.2 billion (approximately US$1.6 billion) plan to acquire a 51% stake in...
