Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources

Article 0 Comments Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co., people with knowledge of the matter said. AmGeneral Insurance Bhd.’s owners have decided to enter detailed discussions with Allianz on a potential […]

Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer

Article 0 Comments Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia’s second-biggest car insurer at about $800 million, people with knowledge of the matter said. The two parties […]