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Capital Market Dept.: Approval of the squeeze-out for European Credit

The approval of Allianz's request for the squeeze-out of the shares of European Pressure was decided by the Board of Directors of the Capital Market Commission during today's meeting. In more detail, the Board of Directors of...

European Credit: Request for squeeze-out from Allianz

Allianz has submitted a request to the Capital Market Commission in order to exercise the right to buy the remaining 2.81% of the share capital of "European Credit", since it already controls, after its optional public...

Allianz: Net profits fell, operating profits increased

Allianz said second-quarter net profit fell but operating profit rose as its asset management business struggled amid market turmoil. The German insurer said net profit for the quarter at the end of June was 1.71 billion euros,...

Competition Commission: Green light in the Allianz deal – European Loyalty

The green light in the acquisition of exclusive control by Allianz over the European Credit AEGA "was given by the Competition Commission. In particular, at a meeting of the Competition Committee in a Department on June 24,...

Allianz: Retains 49.9% of Russian after-sales business

Allianz Insurance has announced that it will sell most of its Russian business to the owner of a Russian insurance company, as it seeks to remove its presence in the country after the invasion of Ukraine. Allianz,...

Allianz: Undertakes forecasts of 1.9 billion euros in the quarter

Allianz announced that it will undertake a forecast of 1.9 billion euros in the first quarter, following the further arrangements it made in relation to Structured Alpha funds in the USA. The forecast will affect the group's...