Singapore hits brakes on $1.7 billion Allianz deal for one-time insurance cooperative after it sparks public outcry
On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether ...
Singapore to block Allianz deal for Income but open to new offer, PM says
Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open ...
Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal
The Singapore government is seeking to stop a proposed deal by Allianz SE to buy a majority stake in Income Insurance Ltd.
Singapore to Halt $1.69 Billion Allianz Deal for Majority Stake in Income Insurance
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore ...
Channel NewsAsia Singapore7h
Allianz to consider revising proposed Income deal; respects Singapore government's position
Income Insurance also said that it "respects" the government's decision and will work closely with the relevant stakeholders ...
Channel NewsAsia Singapore1h
CNA Explains: What you need to know about the Income-Allianz deal being blocked by Singapore
The Singapore government intervened to stop a proposed deal between Income Insurance and German-based insurance giant Allianz ...
Marketing Interactive8h
Singapore government blocks Income-Allianz deal
The deal between German insurer Allianz and Income Insurance has been called off by the Singapore Government over concerns ...
Fintech Singapore7h
Singapore Blocks Allianz’s Bid for Income Insurance Over Public Interest Concerns
The government has tabled an amendment to the Insurance Act in Parliament, enabling the Monetary Authority of Singapore (MAS) ...
Allianz to consider revising Income offer after current deal blocked by Singapore Govt
Income and NTUC Enterprise said that they will work closely with relevant stakeholders to decide on the next course of action ...
Allianz-Income deal frazzle shocks insiders; coming up with new proposal no easy task
Allianz and NTUC Enterprise were informed of the rejection shortly before the government decision was made public. Read more ...
Singapore Halts Allianz Bid To Buy Majority Stake In Local Insurer
Singapore on Monday moved to stop a US$1.7 billion deal that would have allowed German insurance giant Allianz to buy a majority stake in a local insurer.