Allianz Abandons €1.5 Billion Acquisition of Singapore’s Income Insurance Amid Public Backlash
Allianz Cancels €1.5 Billion Acquisition Proposal of Income Insurance in Singapore In a significant development within the financial sector, Allianz has officially called off its proposed acquisition of a 51% stake in Singapore’s Income Insurance. The deal, valued at €1.5 billion ($2.1 billion), was set to mark a major expansion of Allianz’s presence in the … Read more