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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% 290.128 284.35 289.05 0.00 13:32:42

Hochtief Receives Bids for Airport Unit -Reuters

15/04/2013 6:40pm

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Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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Hochtief AG (HOT.XE), controlled by Spain's ACS Global Inc. (AMCY), has received bids for its airport unit, Reuters reported Monday, citing two people with knowledge of the matter.

Deutsche Bank AG (DB) is organizing the sale, which could now fetch as much as EUR1.2 billion, one source said.

Frankfurt airport operator Fraport, London City and Gatwick airports operator Global Infrastructure Partners Ltd. (GIP), Canada's Brookfield Asset Management and insurer Allianz have made offers, the sources said.

One other bidder has put in a bid for the German operations only, the report said.

Hochtief, Fraport and Allianz declined comment to Reuters, and GIP and Brookfield were not immediately available.

Full story at http://www.nytimes.com/reuters/2013/04/15/business/15reuters-hochtief-airports.html?ref=business

Write to nymonitoring@dowjones.com

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