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Allianz SE (ALVG.DE)

ALVG.DE on Xetra

173.90EUR
23 Jun 2017
Change (% chg)

€-1.00 (-0.57%)
Prev Close
€174.90
Open
€174.50
Day's High
€174.80
Day's Low
€173.10
Volume
973,214
Avg. Vol
1,405,746
52-wk High
€177.80
52-wk Low
€118.35

Latest Key Developments (Source: Significant Developments)

Commerzbank, Apollo submitted bids for Allianz's Oldenburgische Landesbank
Tuesday, 27 Sep 2016 12:12pm EDT 

: Apollo and Commerzbank have submitted non-binding offers for Allianz's Oldenburgische Landesbank - sources . Commerzbank and Allianz decline to comment, Apollo not immediately available for comment Further company coverage: [APO.N] [CBKG.DE] [ALVG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

OMV signs the sale of 49% minority stake in Gas Connect Austria to consortium of Allianz and Snam
Thursday, 22 Sep 2016 11:56am EDT 

Allianz Capital Partners: OMV signs the sale of 49% minority stake in Gas Connect Austria to the consortium of Allianz and Snam .Omv Gas & Power GmbH (OGP) and the consortium composed of Allianz, and Snam S.p.a. signed an agreement for the sale and purchase of a 49% minority stake in Gas Connect Austria GmbH (gca).  Full Article

Allianz to own 60 pct of GCA stake vehicle, Snam 40 pct -OMV
Thursday, 22 Sep 2016 11:45am EDT 

: OMV says 49 percent Gas Connect Austria stake to be acquired by company in which Allianz holds 60 percent, Snam 40 percent Further company coverage: [nV9N15C015] (Reporting By Shadia Nasralla) ((Shadia.Nasralla@thomsonreuters.com;)).  Full Article

Allianz to buy 44 pct stake in Manhattan’s 10 Hudson Yards tower
Tuesday, 2 Aug 2016 05:06am EDT 

Allianz SE : Says Allianz Real Estate to acquire stake in Manhattan’s 10 Hudson Yards tower .Investment about 375 million euros.  Full Article

Trakm8 wins Allianz contracts to supply telematics devices
Monday, 4 Jul 2016 02:00am EDT 

Trakm8 Holdings Plc : Contract win . Initial supply contract comes with a launch order of 5,000 devices to start pipe filling for allianz insurance telematics in China . It is anticipated that manufacturing in Asia will take place as volumes increase. Trakm8, under a separate contract, will also develop specific software to meet requirements of Allianz . Has been awarded two initial contracts by Allianz, to supply devices with uniquely developed software to Allianz's global telematics business .Will provide latest generation 5 t10 micro self-fit telematics device, which initially will be manufactured in group's UK manufacturing facility.  Full Article

Allianz Germany says hit from May/June storms is 140 mln eur
Wednesday, 22 Jun 2016 09:00am EDT 

Allianz SE : Says own hit from May/June storms is gross 140 million eur Further company coverage: [ALVG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Allianz buys Zurich Morocco for 244 million euros
Friday, 17 Jun 2016 09:22am EDT 

Allianz says : To acquire Zurich Assurances Maroc, a subsidiary of Zurich Insurance Company in Morocco. . Zurich Morocco unit has gross premiums of 114 million eur .Purchase price is 244 million euros.  Full Article

Pacific Investment Management plans to cut its workforce - Bloomberg
Thursday, 16 Jun 2016 01:32pm EDT 

:Pacific Investment Management Co plans to cut its workforce; job cuts will be less than 3 percent of workforce - Bloomberg, citing source.  Full Article

Allianz SE says completes 51 percent acquisition of PNB Life
Tuesday, 7 Jun 2016 11:05am EDT 

Allianz SE : Says Olaf Kliesow to become CEO of new entity . Says Allianz completes 51 percent acquisition of PNB Life Further company coverage: [ALVG.DE] ((frankfurt.newsroom@thomsonreuters.com; +496975651270;)).  Full Article

Austria needs better banking supervision, finance minister says
Friday, 3 Jun 2016 06:00am EDT 

Austrian Finance Minister Hans Joerg Schelling: Says hopes to have clearer division of banking supervision roles between FMA and ECB . Says Austrian banking market is stable but supervision has to be better in future . Says case of "bad bank" Heta can probably be finished in September, October of this year Further company coverage: [HAABI.UL] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

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Allianz sells private bank OLB to Apollo for 300 million euros

FRANKFURT German insurer Allianz said it had agreed to sell its 90 percent stake in private bank Oldenburgische Landesbank (OLB) to U.S. private equity firm Apollo for 300 million euros ($336 million).