- Allianz today announces its intention to increase its participation in Euler Hermes through a simplified cash tender offer on 24.20% (1) of Euler Hermes share capital, at the price of 122 euros per Euler Hermes share
- Allianz already secured the purchase of 11.34% of Euler Hermes share capital
- Continuing active capital management through EPS accretive capital deployment in well-known and strategically core credit insurance business
- Unique cash liquidity opportunity for Euler Hermes minority shareholders
Not for distribution in the United States, Canada, Japan, Australia, South Africa, or Italy. This release does not constitute an offer to purchase any securities.