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Allianz sells controlling stake in Russian business to local firm

Insurance company Allianz has finalised a deal to sell a majority stake in its Russian operations to local firm Interholding, which owns Russia s Zetta Insurance, Allianz Russia said on Thursday.. | May 18, 2023

German industry needs 52 billion euros to be close to climate-neutral by 2050 -study

German industry could be close to climate-neutral by 2050 with investments of around 52 billion euros , according to a study by Allianz Trade to which Reuters had access on Thursday. . | April 20, 2023

Allianz puts N26 stake up for sale at $3 billion valuation - FT

A unit of Allianz SE has put about 5% of its stake in German online bank N26 up for sale at a steep discount, valuing it at $3 billion, the Financial Times reported on Wednesday.. | April 19, 2023

Correction to Allianz Pickup Article | MarketScreener

Allianz could fetch around $160 million for its stake, which would more than triple what it invested in N26 five years ago, according to the Financial Times. Allianz Seeks Sale of Stake in Fintech. | April 19, 2023

Germany s Commerzbank makes DAX comeback

Germany s Commerzbank rejoined the DAX index on Monday, marking a comeback for Germany s No. 2 lender after it was removed from the club of blue-chip companies in 2018.. | February 27, 2023

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