M&A Deal Summary |
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Date | 2017-06-23 |
Target | Oldenburgische Landesbank AG |
Sector | Financial Services |
Buyer(s) | Bremer Kreditbank Ag |
Sellers(s) | Allianz |
Deal Type | Divestiture |
Deal Value | 300M EUR |
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Category | Company |
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Founded | 1863 |
Sector | Financial Services |
Employees | 195 |
Bremer Kreditbank Ag is a Bremen-based banking group with a combined balance sheet total of EUR 4 billion and a focus on corporate banking, commercial real estate lending and acquisition finance. In addition, BKB Group provides comprehensive wealth management advice to affluent clients and entrepreneurs via its subsidiary Bankhaus Neelmeyer, including asset management services.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (Germany) | 1 of 1 |
Year (2017) | 1 of 1 |
Allianz is a provider of insurance and fund products to over 86 million customers in more than 70 countries. Company retail and corporate clients enjoy an extensive product selection in all insurance business lines, designed to protect them against any risks. Company are one of the leading property and casualty insurers and are among the top five companies in life and health insurance. Allianz was founded in 1890 and is based in Munich, Germany.
DEAL STATS | # |
---|---|
Overall | 6 of 6 |
Sector (Financial Services) | 3 of 3 |
Type (Divestiture) | 6 of 6 |
Country (Germany) | 3 of 3 |
Year (2017) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-12-15 |
Gas Connect Austria
Vienna, Austria Gas Connect Austria GmbH operates an approximately 900 km long natural gas high-pressure pipeline grid in Austria and markets transportation capacity to meet domestic natural gas demand and support export to Europe. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-05-02 |
Euler Hermes Group SA
Paris, France Euler Hermes Group SA is a provider of trade-related credit insurance solutions with more than 100 years of client support and responsiveness to changing business environments. The company offers business-to-business (B2B) clients financial services to support cash and trade receivables management. Its proprietary intelligence network tracks and analyzes daily changes in corporate solvency among small, medium and multinational companies active in markets representing 92% of global GDP. Headquartered in Paris, the company is present in 52 countries with 6,050 employees. Euler Hermes was formed in 1917 and is based in Paris. |
Buy | - |