Allianz withdraws $1.63 billion offer for Singapores Income Insurance
German insurer Allianz has withdrawn its offer to acquire at least 51 of Singapores Income Insurance for about $1.63 billion, the company said in a statement on Monday.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 acquisition.
Posted by Hicham ALAOUI RIZQ on 2024, Dec 16
Introduction
German insurer Allianz has withdrawn its offer to acquire at least 51 of Singapores Income Insurance for about $1.63 billion, the company said in a statement on Monday.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 acquisition.
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