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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Allianz Ag Muenchen Namen (PK) | USOTC:ALIZF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.77 | 1.30% | 293.90 | 280.84 | 293.90 | 293.90 | 293.90 | 293.90 | 1 | 15:35:22 |
From Jul 2019 to Jul 2024
German insurer Allianz SE (ALV.XE) is aiming for an initial public offering in Shanghai, as soon as the trading center opens itself to foreign issuers and eases its strict control on capital movements, German daily Handelsblatt reported Wednesday, citing Allianz Chief Executive Michael Diekmann.
"If the (necessary) conditions are fulfilled, we're very interested in a listing," he is quoted as saying by the newspaper at a conference in Shanghai.
The prerequisite isn't only that Shanghai opens itself to foreign issuers, as it has announced, but that the generated proceeds can be used outside of China, Diekman told the newspaper.
The German company would use the proceeds to finance the expansion of its insurance business in China and other countries, the report adds.
Newspaper website: www.handelsblatt.com
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.
1 Year Allianz Ag Muenchen Namen (PK) Chart |
1 Month Allianz Ag Muenchen Namen (PK) Chart |
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