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Allianz SE (AZSEY.PK)

AZSEY.PK on OTC Markets Group

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$14.54
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Volume
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Latest Key Developments (Source: Significant Developments)

Pimco says Bill Gross leaked bonus data, used bad faith; Gross' lawyer calls charges baseless
Wednesday, 14 Sep 2016 02:11pm EDT 

: Pimco accuses former portfolio manager Bill Gross of leaking confidential bonus data -- court filing . Pimco says gross provided 2013 compensation data for several people, including himself, to a columnist . Pimco accuses gross of exercising "bad faith" by concealing evidence it is entitled to see, and says sanctions are warranted . Lawyer for gross, responding to filing, calls pimco accusations baseless and an effort to deflect blame from its own misconduct.  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

Eurosic buys 26.64 pct of Fonciere de Paris
Thursday, 12 May 2016 01:25pm EDT 

Eurosic SA : Buys 26.64 pct of Fonciere de Paris . Bought 22.7 pct stake held by Allianz for 145 euros ($165.02) per share .Bought 3.9 pct stake held by Generali for 145 euros per share.  Full Article

Allianz sees Pimco cost-income ratio improving in H2
Wednesday, 11 May 2016 01:28am EDT 

Allianz : Says expects hit to net income from sale of Korea life business of about 350 million eur . Says non-operating gains in Q1 included 235 million eur from "a large forward sale" .Says expects improvement in pimco cost-income ratio in H2 from higher performance fees -slides.  Full Article

Deals of the day- Mergers and acquisitions

Sept 30 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: