> Indian Insurance: Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance

Monday, December 16, 2024

Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance

German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion, the company said in a statement on Monday. Reuters reported on Dec. 13 that the insurer had scrapped the proposed …

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