Allianz keen on takeovers, may study big U.S. move

Allianz is interested in takeovers, including in the United States, where the German insurer would look for big companies, chief executive Oliver Baete said in an interview to be published on Monday. Buying smaller companies does not make sense for us," Baete told the Munich daily Sueddeutsche Zeitung. Allianz, Europe's largest insurance company, so far has only bought niche players in the U.S. such as Fireman's Fund.