Allianz launches $235 million bid for Greece's European Reliance
Allianz launches $235 million bid for Greece's European Reliance
Source: domain-b.com
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Allianz launches $235 million bid for Greece's European Reliance
German headquartered global insurer and asset manager Allianz is to acquire 72% of Greek insurer European Reliance for €207m. European Reliance, currently the...
The deal positions it to become the top property/casualty insurer in Greece.
In a bid to 'elevate its position in the attractive' market
FRANKFURT (Reuters) - Allianz on Friday said it will pay about 207 million euros ($235 million) to acquire Greek insurer European Reliance, a move tha...