Opinion: Allianz's M&A ambition
Allianz's £500mn ($650mn)investment in LV= is not so much a transformational deal as a
statement of intent.It's no surprise that the German giant has made an
acquisition, after CEO Oliver Bäte announced last year that
the company had amassed a EUR3bn ($3.5bn) M&A war chest.
Since then, various rumours have circulated on which target
Allianz has had in its sights.
In December, reports surfaced that it was indiscussions with Generali over a move for the Italian
carrier...
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