The Singapore government intervened to stop a proposed deal between Income Insurance and German-based insurance giant Allianz ...
Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open ...
The Singapore government’s decision to block the Income-Allianz deal is telling of the new leadership’s willingness to act ...
Allianz and NTUC Enterprise were informed of the rejection shortly before the government decision was made public. Read more ...
GERMAN insurer Allianz will consider revising the proposed transaction structure to purchase a majority stake in Singapore’s ...
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore ...
It is also not clear what Income might do after the capital extraction, for example to adjust or trim its insurance portfolio ...
The Singapore government is seeking to stop a proposed deal by Allianz SE to buy a majority stake in Income Insurance Ltd.
Income and NTUC Enterprise said that they will work closely with relevant stakeholders to decide on the next course of action ...
Singapore on Monday moved to stop a US$1.7 billion deal that would have allowed German insurance giant Allianz to buy a majority stake in a local insurer.
The deal between German insurer Allianz and Income Insurance has been called off by the Singapore Government over concerns ...
The Singapore government plans to stop a proposed deal by Allianz SE to buy a majority stake in a homegrown insurance firm, ...