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Allianz SE (ALV.DE)

XETRA - XETRA Delayed price. Currency in EUR
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217.65+0.35 (+0.16%)
At close: 5:35PM CEST
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Previous close217.30
Bid217.35 x 214900
Ask217.40 x 10000
Day's range216.20 - 218.20
52-week range148.60 - 221.50
Avg. volume1,028,722
Market cap89.682B
Beta (5Y monthly)1.34
PE ratio (TTM)11.31
EPS (TTM)19.24
Earnings date06 Aug 2021
Forward dividend & yield9.60 (4.42%)
Ex-dividend date06 May 2021
1y target est213.69
  • SoftBank Vision Fund Considers Listing a $300 Million European Tech SPAC

    SoftBank Vision Fund Considers Listing a $300 Million European Tech SPAC

    (Bloomberg) -- SoftBank Group Corp., the technology dealmaker founded by billionaire Masayoshi Son, is considering listing a special purpose acquisition company in Europe, people with knowledge of the matter said.The Japanese conglomerate’s Vision Fund is discussing plans to raise capital for a blank-check company on the Amsterdam stock exchange later this year, the people said, asking not to be identified because the information is private. It is considering seeking about 250 million euros ($304 million) from the deal, though the target hasn’t been finalized, the people said.The SPAC would hunt for investments in the European technology industry and other high-growth areas, the people said. Deliberations are at an early stage, and details of the potential listing could change, the people said.A representative for the SoftBank Vision Fund declined to comment.Blank-check companies have completed $102 billion of U.S. initial public offerings this year, while $3.6 billion has been raised on European exchanges, data compiled by Bloomberg show. SoftBank has embraced the boom, with various arms of the Japanese conglomerate raising a combined $3.3 billion for nine U.S.-listed SPACs during the latest financial year.The pace of European listings has started rising as activity in New York slows, with British dealmaker Ian Osborne among the latest to raise funds on the continent. Dieter Wemmer, the former chief financial officer at Allianz SE, is also planning a blank-check company in Amsterdam targeting insurance deals, Bloomberg News has reported.More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Reuters

    Allianz GI will be "selective hunter" in M&A game - CEO tells paper

    Allianz Global Investors, the investment management arm of German group Allianz, is evaluating opportunities for consolidation in the asset management sector, Chief Executive Tobias Pross told an Italian daily. In an interview with Il Sole 24 Ore daily, Pross said Allianz GI could pursue deals "to widen or strengthen our client coverage, though only if there is clear and tangible value creation". Turning to Italy, where the German group operates through Allianz SpA and Allianz Bank, Pross said the goal was to grow the market share but without extraordinary transactions, while the number of strategic partnerships could rise instead.

  • Allianz Q1 net profit up 83%, better than expected

    Allianz Q1 net profit up 83%, better than expected

    FRANKFURT (Reuters) -German insurer Allianz on Wednesday posted a better-than-expected 83% jump in first-quarter net profit from a year earlier, as it recovers from pressure on business from the coronavirus pandemic. It said it saw a rebound in its property and casualty division and its life and health segment, and it confirmed its 2021 profit target. It reported net profit attributable to shareholders of 2.6 billion euros ($3.15 billion) in the three months through March, up from 1.4 billion euros a year earlier.