Allianz SE
ALV: XETR (DEU)
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Allianz: Announces Acquisition of UOB Asset Management
Allianz announced on Aug. 5 that Allianz Global Investors will acquire UOB Asset Management, which manages EUR 28 billion across Southeast Asia. This follows the July announcement that Allianz will acquire HSBC Life Singapore along with a 15-year exclusive HSBC Singapore distribution agreement.
