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 ...
Former cabinet minister Lim Boon Heng is expected to retire from his role as chairman of NTUC Enterprise, parent of Income Insurance. Read more at straitstimes.com. Read more at straitstimes.com.
(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 ...
Allianz SE withdrew an offer to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion), dealing a blow to its ambitions in a key growth market. Allianz ...
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 ...
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 ...
Singapore former minister Lim Boon Heng is retiring from his role as chairman of NTUC Enterprise Co-operative Ltd., and said he takes “ultimate responsibility” for an aborted deal for the firm’s ...
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 ...