Allianz: A failed takeover bid by Global 500 insurer Allianz is now a political hot potato in Singapore's election
Allianz tried to buy local insurer Income Insurance for $1.7 billion last year, only for Singapore to eventually block the deal after public outcry.
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Allianz is a Germany-based multinational financial services company that provides solutions such as insurance and asset management for businesses across the globe.
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