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Article: Allianz not to cut Commerzbank stake further.
- Article from:
- Global Banking News (GBN)
- Article date:
- November 4, 2009
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Global Banking News-4 November 2009-Allianz not to cut Commerzbank stake further(C)2009 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 04 November 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Allianz SE (ALV.XE) (DUS: ALV) (LSE: ALV) (NYSE: AZ), Europe's largest primary insurer by market capitalisation, has said that it has no current plans to further reduce its stake in German bank Commerzbank AG (CBK.DE) (OTC: CRZBY), Dow Jones Newswires has reported, citing an Allianz spokesman.
Allianz has cut the stake, which it received as part of the sale of ...