Allianz launches offer to acquire 51% of Income Insurance for S$40.58 per share
GERMAN financial services giant Allianz is making an offer to acquire 51 per cent of Singapore-based insurer Income Insurance for S$40.58 per share. The deal amounts to some 1.5 billion euros (S$2.2 billion), Allianz announced on Wednesday (Jul 17). NTUC …