Allianz (XTRA:ALV) Targets India Reentry With Jio Financial Alliance
Allianz (XTRA:ALV) recently invited holders of its €1.5 billion Subordinated Fixed to Floating Rate Notes to tender notes for purchase, seeking to refine its financing structure ahead of potential new issuance. In parallel, the company is in talks for strategic insurance market reentry in India through an alliance with Jio Financial. Over the past quarter, Allianz's share price rose by 4.89%, during a turbulent period marked by market volatility and significant gains in major indices like the...