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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 | 280.05 | 293.90 | 293.90 | 293.90 | 293.90 | 1 | 14:47:41 |
From Jul 2019 to Jul 2024
German conglomerate L. Possehl & Co. mbH said Tuesday it is negotiating with Manroland AG's insolvency administrator, Werner Schneider, about acquiring Manroland's rotary offset printing machine business.
Closely held Possehl said it expects to complete the negotiations by the end of January. Should it acquire the unit, Possehl would aim to take over most of the employees at Manroland's plant in the German city of Augsburg and strike a long-term supply agreement with the company's plant in Plauen.
Possehl said it could seek to acquire a stake in the Plauen plant in the future, but doesn't seek to buy it or Manroland's Offenbach plant outright now.
German printing machine maker Manroland, owned by Allianz SE (ALV.XE) and MAN SE (MAN.XE), filed for insolvency in November.
-By Stefanie Haxel, Dow Jones Newswires; +49 69 29725 500; friedrich.geiger@dowjones.com
1 Year Allianz Ag Muenchen Namen (PK) Chart |
1 Month Allianz Ag Muenchen Namen (PK) Chart |
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