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Allianz Plans to Delist Yapi Kredi Sigorta From Istanbul Bourse

Allianz has applied to regulator to remove its Turkish insurer from Istanbul Stock Exchange, Munich-based company says in a statement. * Allianz to offer 18.8 liras per share for Yapi Kredi Sigorta * Shares traded at 24.75 liras before announcement * NOTE: Allianz bought Yapi Kredi Sigorta last year for 1.24b liras from Yapi ve Kredi Bankasi AS (YKBNK), the Turkish lender part-owned by UniCredit

To contact the reporter on this story: Isobel Finkel in Istanbul at ifinkel1@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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