By Leonidas Stergiou
Recent developments are expected to be immediate and concern the acquisition of European Loyalty by Allianz.
According to market information and executives who are able to know, the boards of the two companies are one step ahead of the signing of the agreement that provides for the acquisition of European Loyalty by Allianz with the price stated to reach 180 million euros. .
According to the same sources, Allianz was looking for a way to increase its share of the Greek market and had come into contact with European Loyalty. However, the discussions did not proceed as the initial price was considered small.
The same sources say that the agreement and the official announcements are expected immediately, possibly tonight as well.
Source: Capital
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