Allianz Back To Drawing Board On Proposed Acquisition In Singapore
German insurer Allianz said it will “consider revisions to the proposed transaction structure” to acquire a majority stake in Income Insurance, after the Singapore government intervened to block the deal on Monday (Oct 14). “We respect the government’s position and will assess the situation with Income Insurance and NTUC Enterprise,” it said in a statement late on Monday (Oct 14).”We […]