06-09-2017 17:38 via insuranceinsider.com

Allianz rebuffed Anbang and HNA bid offers

Two Chinese insurance companies have made separate acquisition
approaches to Allianz, but were rebuffed, according to reports.Earlier this year, Anbang considered buying a majority stake in
Allianz, but has now dropped the offer, Reuters reported.Separately, HNA Group, a Hong Kong conglomerate that is the
largest shareholder in Deutsche Bank, also approached Allianz over
a possible takeover.The German newspaper Sueddeutsche Zeitung first reported the
interest from HNA today, adding that Allianz
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