Singapore’s government made a rare intervention in a merger deal, stepping in to block a controversial $1.7 billion deal by Germany’s Allianz to buy Income Insurance, a cooperative-turned-company. On ...

(Bloomberg) -- The Singapore government will block a proposed S$2.2 billion ($1.7 billion) deal by Allianz SE to buy a majority stake in a homegrown insurance firm, three months after the transaction ...

SINGAPORE, Oct 14 (Reuters) - Singapore will block a bid by German insurer Allianz (ALVG.DE), opens new tab to buy a majority stake in Singapore's Income Insurance but remains open to a new deal if ...

(Bloomberg) -- Singapore lawmakers passed an amendment to a bill that will effectively block Allianz SE’s proposed S$2.2 billion ($1.7 billion) acquisition of a majority stake in a local insurance ...

Dec 13 (Reuters) - Allianz SE (ALVG.DE), opens new tab 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 ...

The Singapore government plans to put a halt to a proposed deal by Germany's Allianz to buy a majority stake in Singapore insurance company Income Insurance. "The government has assessed the proposed ...

Allianz Reinsurance, part of global insurer Allianz, has appointed Anna Kohls as its new Regional Chief Executive Officer ...

Allianz SE, Europe’s biggest insurer, is discussing a possible tie-up with Singapore-based Income Insurance Ltd. The German firm is in talks about a transaction relating to the shares of Income ...

Allianz ALV-0.22%decrease; red down pointing triangle is buying a 51% stake in Singapore insurance company Income Insurance for 2.2 billion Singapore dollars ($1.64 billion) as it expands in the ...

The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz ALV0.17%increase; green up pointing triangle to buy a majority stake in Singapore insurance company Income ...