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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 290.128 283.80 288.50 0.00 14:08:31

EU Approves Allianz, Volkswagen Financial Services Joint Venture

08/03/2013 11:15am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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By Alessandro Torello

BRUSSELS--The European Union's antitrust authorities approved Friday the creation of a joint venture between German insurance company Allianz SE (ALV.XE) and the financial arm of car maker Volkswagen AG (VOW.XE).

The European Commission "concluded that the proposed transaction would not raise competition concerns, in particular because a number of strong competitors will remain active on the market," it said in a statement.

The joint venture will develop and sell car-insurance products.

Write to Alessandro Torello at alessandro.torello@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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1 Month Allianz Ag Muenchen Namen (PK) Chart