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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% 290.128 284.35 288.95 0.00 12:45:21

Yapi Kredi Says Talks on Sale of Insurance Unit Are Continuing

26/03/2013 9:50am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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By Yeliz Candemir

ISTANBUL--Turkey's Yapi ve Kredi Bankasi (YKBNK.IS), or Yapi Kredi, said Tuesday that talks on the sale of its insurance unit Yapi Kredi Sigorta (YKSGR.IS) are continuing and a deal had yet to be signed.

Yapi Kredi issued the statement to the Istanbul Stock Exchange after Reuters on Monday cited sources as saying Allianz SE (ALV.XE) had agreed to buy Yapi Kredi Sigorta for nearly EUR950 million.

At 0900 GMT, after Yapi Kredi's statement, Yapi Kredi Sigorta's shares were up 1.2% at TRY21.85. The broader Istanbul market was up 0.35%.

Write to Yeliz Candemir at yeliz.candemir@dowjones.com

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