(Corrects sales price of Yapi Kredi Sigorta in note.) Allianz has applied to regulator to remove its Turkish insurer from the Borsa Istanbul, 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 1.79b liras from Yapi & Kredi Bankasi AS, the Turkish lender part-owned by UniCredit
Before it's here, it's on the Bloomberg Terminal. LEARN MORE