Allianz could fetch around $160 million for its stake, which would more than triple what it invested in N26 five years ago, according to the Financial Times. "Allianz Seeks Sale of Stake in Fintech N26 at Discounted Valuation, FT Reports," at 0546 GMT, misstated the amount in the second bullet point.

(END) Dow Jones Newswires

April 19, 2023 02:04 ET (06:04 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Grafico Azioni Allianz (TG:ALV)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Allianz
Grafico Azioni Allianz (TG:ALV)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Allianz