17.03.2025 17:31:54
|
EQS-Adhoc: Allianz SE: Allianz to sell its 26% stake in its Indian Non-Life and Life Insurance Joint Ventures to Bajaj Group for a total consideration of EUR ~2.6bn
EQS-Ad-hoc: Allianz SE / Key word(s): Agreement/Investment Munich, March 17, 2025 Today, Allianz SE entered into binding share purchase agreements with Bajaj Finserv Ltd. to sell its 26% stake in its successful non-life and life insurance joint ventures - Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company - to the Bajaj Group for a total consideration of EUR ~2.6bn1. Allianz may receive the proceeds in several tranches. The decision to sell is the result of constructive and amicable talks with Bajaj Finserv Ltd. India continues to be one of Allianz’s growth markets, and Allianz will explore new opportunities that strengthen its position in the market and expand its potential to serve not only as an investor but also as an operator. As the proceeds become available, Allianz will consider options for their deployment that support the company’s strategic ambitions, in particular the reinvestment of sale proceeds into potential new opportunities in India. Allianz will adhere to its capital management policy as updated at the December 2024 Capital Markets Day, which includes a minimum level of distribution of earnings2 alongside the flexibility to fund disciplined deployment. The transaction is subject to obtaining necessary regulatory approvals, which are expected to take a number of months. Upon the transfer of shares and the cessation of Allianz being a promotor of the joint ventures, also the joint venture agreements between Allianz SE and Bajaj Finserv Ltd. will be terminated. 2 Earnings adjusted for extraordinary and volatile items ------------------------- Person making the notification: Michael Sieburg, Compliance Officer, Allianz SE
End of Inside Information Information and Explanation of the Issuer to this announcement:
Cautionary note regarding forward-looking statements This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including and related integration issues and reorganization measures, and (xii) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities. No duty to update Allianz assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law. Privacy Note Allianz SE is committed to protecting your personal data. Find out more in our privacy statement.
17-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Allianz SE |
Koeniginstr. 28 | |
80802 Munich | |
Germany | |
Phone: | +49 (0)89 38 00 - 7555 |
E-mail: | investor.relations@allianz.com |
Internet: | www.allianz.com |
ISIN: | DE0008404005 |
WKN: | 840400 |
Indices: | DAX, EURO STOXX 50 |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
EQS News ID: | 2101858 |
End of Announcement | EQS News Service |
|
2101858 17-March-2025 CET/CEST
Nachrichten zu Allianz
17:31 |
EQS-Adhoc: Allianz SE: Allianz to sell its 26% stake in its Indian Non-Life and Life Insurance Joint Ventures to Bajaj Group for a total consideration of EUR ~2.6bn (EQS Group) | |
12:26 |
STOXX-Handel: STOXX 50 präsentiert sich am Montagmittag fester (finanzen.ch) | |
14.03.25 |
DAX 40-Wert Allianz-Aktie: So viel Gewinn hätte ein Investment in Allianz von vor einem Jahr eingefahren (finanzen.ch) | |
13.03.25 |
Börse Europa: Euro STOXX 50 verliert zum Ende des Donnerstagshandels (finanzen.ch) | |
13.03.25 |
STOXX-Handel Euro STOXX 50 fällt nachmittags zurück (finanzen.ch) | |
13.03.25 |
Börse Europa in Grün: Euro STOXX 50 zeigt sich fester (finanzen.ch) | |
13.03.25 |
Verluste in Europa: Euro STOXX 50 zeigt sich zum Start des Donnerstagshandels leichter (finanzen.ch) | |
12.03.25 |
Mittwochshandel in Europa: STOXX 50 zum Ende des Mittwochshandels fester (finanzen.ch) |
Analysen zu Allianz
12.03.25 | Allianz Buy | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
05.03.25 | Allianz Buy | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
04.03.25 | Allianz Hold | Jefferies & Company Inc. | |
03.03.25 | Allianz Buy | Goldman Sachs Group Inc. | |
03.03.25 | Allianz Buy | Deutsche Bank AG |
Krypto-ETPs erklärt: Risiken, Chancen & Markttrends | BX Swiss TV
📈 Krypto ETPs in der Schweiz: So funktionieren sie wirklich! | Experteninterview mit Rechtsanwalt Luca 🇨🇭💼
Krypto ETPs werden in der Schweiz immer beliebter – aber was steckt rechtlich eigentlich hinter diesen Produkten? Und wodurch unterscheiden sie sich von ETFs oder Kryptofonds? In diesem spannenden Experteninterview bei klärt David Kunz (COO der BX Swiss) mit Rechtsanwalt Luca Bianchi (Partner bei Kellerhals Carrard) alle wichtigen Fragen zur Regulierung, Strukturierung und Besicherung von Krypto-ETPs.
📊 Ein Muss für alle, die sich für digitale Vermögenswerte, strukturierte Produkte und Krypto-Investments interessieren – ob Privatanleger oder institutionelle Investoren!
👉🏽 Jetzt auch auf BXplus anmelden und von exklusiven Inhalten rund um Investment & Trading profitieren!
Inside Trading & Investment
Mini-Futures auf SMI
Meistgelesene Nachrichten
Top-Rankings
Börse aktuell - Live Ticker
Freundlicher Wochenauftakt: SMI und DAX letztlich stärker -- Asiens Börsen schliessen im PlusDer heimische sowie der deutsche Aktienmarkt starteten freundlich in die Woche. Die US-Börsen präsentieren sich uneinheitlich. An den wichtigsten asiatischen Märkten ging es am Montag nach oben.
finanzen.net News
Datum | Titel |
---|---|
{{ARTIKEL.NEWS.HEAD.DATUM | date : "HH:mm" }}
|
{{ARTIKEL.NEWS.BODY.TITEL}} |