Allianz Makes $1.6 Billion Offer for 51% of Singapore’s Income Insurance

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Insurance Journal - Jul 17, 2024

Allianz SE agreed to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion) to strengthen its presence in Asia. The German company plans to acquire at least 51% of Income Insurance for S$40.58 a …...

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