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Allianz SE (ALVG.DE)

ALVG.DE on Xetra

195.75EUR
14 Dec 2017
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€195.75
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1,073,191
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€204.50
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€154.25

Latest Key Developments (Source: Significant Developments)

3i Infrastructure Sells Stake In Elenia For Gross Proceeds Of About 725 Mln Pounds
Wednesday, 13 Dec 2017 08:50am EST 

Dec 13 (Reuters) - 3i Infrastructure Plc <3IN.L>::3I INFRASTRUCTURE PLC SELLS ITS STAKE IN ELENIA.SALE OF INVESTMENT WILL GENERATE ESTIMATED GROSS PROCEEDS OF APPROXIMATELY £725 MILLION FOR 3I INFRASTRUCTURE.COMPLETION OF TRANSACTION IS SUBJECT TO EU MERGER REGULATION APPROVAL AND IS EXPECTED BEFORE END OF 3I INFRASTRUCTURE'S FINANCIAL YEAR.SALE TO ALLIANZ CAPITAL PARTNERS ON BEHALF OF ALLIANZ GROUP, MACQUARIE INFRASTRUCTURE AND REAL ASSETS AND VALTION ELÄKERAHASTO.  Full Article

Allianz and ABN Amro finance 'Atrium' office complex acquisition by Amundi Real Estate and Korean investors
Friday, 24 Nov 2017 03:33am EST 

Nov 24 (Reuters) - ALLIANZ SE ::CONCLUDES FINANCING PLAN WITH ABN AMRO RELATING TO ACQUISITION OF 'ATRIUM' OFFICE BUILDINGS‍​‍​.TRANSACTION WITH ABN AMRO IS FOR A LOAN OF NEARLY EUR 300 MLN‍​.THE TRANSACTION HAS MATURITY OF 7 YEARS AT FIXED RATE.'ATRIUM' OFFICE BUILDINGS TO BE ACQUIRED BY CONSORTIUM OF AMUNDI REAL ESTATE AND KOREAN INVESTORS‍​.ALLIANZ IS MAJOR PARTICIPANT IN THE FINANCING; ABN AMRO IS THE SOLE PLACING AGENT AND MINOR PARTICIPANT.  Full Article

Allianz deepens partnership with Sri Ayudhya Capital in Thailand
Wednesday, 22 Nov 2017 10:13pm EST 

Nov 23 (Reuters) - Allianz SE ::To enter into strategic transactions with Sri Ayudhya Capital to extend partnership in life and general insurance businesses‍​.100% of Allianz general insurance business to be transferred to Sri Ayudhya General Insurance, and operated as single entity.Co and affiliate to transfer 11.8% of life insurance company Allianz Ayudhya Assurance to Sri Ayudhya Capital.  Full Article

Allianz CFO says 2017 outlook a tad less rosy after catastrophes
Friday, 10 Nov 2017 03:17am EST 

Nov 10 (Reuters) - Allianz :CFO says outlook for 2017 is slightly less rosy due to natural catastrophes.CFO says PIMCO recorded net inflows of $18 billion in October.CFO says no change to dividend policy.  Full Article

Allianz to launch new 2 bln eur share buy-back
Thursday, 9 Nov 2017 03:50pm EST 

Nov 9 (Reuters) - Allianz SE says:Resolved on further share buy-back as current share buy-back program of up to 3 billion euros decided on february 16, 2017 is drawing to close​.Volume of further program will amount to up to 2 billion euros, shall start beginning of 2018 and be executed in first six months of 2018​.  Full Article

S&P raises ratings of Italy's Cattolica and Allianz's Italian unit
Tuesday, 31 Oct 2017 12:45pm EDT 

Oct 31 (Reuters) - Credit rating agency Standard & Poor's says: :Raised long-term ratings of Italy's Cattolica Assicurazione from 'BBB' to 'BBB-' following Italy's sovereign upgrade.Raised long-term ratings of Italian unit of German insurer Allianz from 'A' to 'A-' .Revising up to 'intermediate' from 'moderate' its assessment of industry and country risk for the Italian life and property/casualty sectors .  Full Article

Taiwan's China Life to acquire traditional policies and riders spun off from Allianz Taiwan Life
Thursday, 19 Oct 2017 02:59am EDT 

Oct 19 (Reuters) - China Life Insurance Co Ltd <2823.TW>:Says it plans to pay T$1 to acquire the traditional policies and riders spun off from Allianz Taiwan Life.Says it expects the transaction to enhance profitability through the increase of policies in force and assets.Says it expects its net profit can increase after the transaction is completed.Says the transaction is subject to approval from special shareholders' meeting and approval from regulators.Says it can assume statutory reserves of T$27.6 billion ($913.85 million) and corresponding assets of T$49.8 billion.  Full Article

Allianz names ‍Carsten Quitter Group Chief Investment Officer
Tuesday, 10 Oct 2017 09:08am EDT 

Oct 10 (Reuters) - ALLIANZ SE :‍CARSTEN QUITTER NAMED ALLIANZ GROUP CHIEF INVESTMENT OFFICER AND AIM MANAGING DIRECTOR​.HE WILL REPLACE ANDREAS GRUBER, WHO IS LEAVING AT HIS OWN REQUEST AFTER 29 YEARS AT THE ALLIANZ GROUP TO RETIRE​.  Full Article

Heta creditors sold back most zero-coupon bonds, Carinthia says
Friday, 29 Sep 2017 03:15am EDT 

Sept 29 (Reuters) - Austrian province of Carinthia::Says specially issued zero-coupon bonds with total nominal value of 9.196 billion eur have been bought back from creditors of "bad bank" Heta [RIC:RIC:HAABI.UL].Says Heta creditors kept specially issued zero-coupon bonds with total nominal value of 1.108 billion eur, buyback period ended on May 30.  Full Article

Banco BPM CEO says to pick new insurance partner in October
Friday, 15 Sep 2017 06:56am EDT 

Sept 15 (Reuters) - Banco BPM CEO Giuseppe Castagna says::About to invite bids to sell two portfolios of unsecured loans worth 2 billion euros, there could be 40-50 potential bidders .Hopes to close sale of the two portfolios by year-end .Hired Prelios to conduct due diligence on 3-3.2 billion euro portfolio of both secured and unsecured loans to be sold in first few months of 2018.Expects four binding offers for new bancassurance accord by the end of month, to pick new partner by end-October but will then need regulatory approval.  Full Article

EU mergers and takeovers (Dec 14)

BRUSSELS, Dec 14 The following are mergers under review by the European Commission and a brief guide to the EU merger process: