May 3, 2017 / 9:26 AM / 3 months ago

Germany's Allianz bought into UniCredit's share issue: spokesman

1 Min Read

Flags with the logo of Allianz SE, Europe's biggest insurer, are pictured before the company's annual shareholders' meeting in Munich, Germany May 3, 2017.Michaela Rehle

MUNICH (Reuters) - Allianz (ALVG.DE) has bought into a record 13 billion euro ($14 billion) share sale Italian bank UniCredit (CRDI.MI) carried out earlier this year, a spokesman for the German insurer said on Wednesday.

He declined to give any further details.

Allianz took part in a UniCredit shareholder meeting in January, where the cash call was approved, with a 1.06 percent stake.

Reporting by Joern Poltz, writing by Valentina Za, editing by Francesca Landini

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below