Income
Income should put aside hunt for a strategic partner, and focus on an organic growth plan
It seems unlikely another suitor will be easily found – at least not without Income’s shareholders being prepared to accept a much lower offer priceTHE withdrawal of Allianz’s offer...
Allianz confirms withdrawal of offer for Income Insurance
ALLIANZ said it has withdrawn its pre-conditional offer to buy at least 51 per cent of the shares in Income Insurance. “We respect the Singapore government’s decision,” Renate Wagner,...
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income Insurance because of public opposition to the deal,...
Insurer Income sets up new financial advisory unit and is ‘actively recruiting’: sources
HOME-GROWN insurer Income Insurance is taking a stab at a new business model as it looks at ways to grow its topline by expanding its distribution abilities, The Straits...
Grocery Budget Percentages by Income
Managing your grocery budget can be tricky, especially when balancing it with your income. Knowing how much of your earnings should go toward food is essential for smart spending....
Prime US Reit Q3 distributable income falls to US$8.5 million
PRIME US Reit’s distributable income for the third quarter ended Sep 30, fell to US$8.5 million from US$14.7 million the year before, said its manager on Thursday (Nov 14)...
Income Insurance and Allianz say their deal is still alive despite government veto
They note that discussions over proposed acquisition of local insurer are still ongoing, and there is no guarantee that a transaction will take placeINCOME Insurance and Allianz announced in...
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch...
