Allianz in Advanced Negotiations for Acquisition of Portugal's Caravela Seguros
German insurer Allianz is reportedly in advanced talks to acquire Portuguese non-life insurance company Caravela Seguros. The potential deal could strengthen its presence in the Iberian market, as Caravela holds a 2.6% share there and may be valued at around €150 million.
Topics: Allianz Caravela Seguros insurance industry Portugal