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Allianz scraps proposed acquisition of Singapores Income Insurance, source says

Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51 stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter said.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 13

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Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51 stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter said.

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