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Allianz: buys businesses in Brazil
(CercleFinance.com) - Late on Friday, Allianz announced that it has bought SulAmerica's automobile and P&C businesses in Brazil, which will enable it to become one of the three largest players in P&C insurance in the country.
Pending various regulatory approvals, the deal is expected to be finalised in the next 12 months. The businesses have been bought for approximately 667 million euros. Copyright (c) 2019 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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