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Category – Personal Finance

Income Shareholders Exit with a 4 times return after 20 years: will this encourage Great Eastern shareholders to hold out

Allianz plans to acquire 51% of Income Insurance at $40.58 per share, with a deal size amounting to $2.2 billion and valuing the company at nearly $4.4 billion. Here we look at the Income Insurance acquisition by Allianz, the underlying valuation, and whether this would inspire the remaining shareholders of Great Eastern to hold out …