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Allianz-Income
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Briefs: Allianz to consider revisions to Income deal; FIH closes 4.5% down in first trading day; Thailand cuts rates
Briefs this week: Allianz to consider revisions to Income deal; FIH closes 4.5% down in first trading day; Parkway Life REIT's results; Thailand cuts rates
October 17, 2024
M&A
Ex-Income CEO 'welcomes’ government's Allianz-Income deal block; Allianz to consider revisions to proposed transaction
It is also not clear what Income might do after the capital extraction, for example to adjust or trim its insurance portfolio, and what impact this could have on policyholders: Minister Edwin Tong
October 15, 2024
M&A
S’pore government to stop US$1.7 bil Allianz-Income insurance deal
Singapore's minister of culture, community and youth Edwin Tong told parliament on Monday that the proposed transaction is not in the public interest in its current form.
October 14, 2024