Allianz pays initial $300mn in Spanish bancassurance deal with BBVA
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Allianz pays initial $300mn in Spanish bancassurance deal with BBVA

Anna Sagar
28 April 2020
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Allianz and Banco Bilbao Vizcaya Argentaria (BBVA) have struck a Spanish bancassurance deal, with the German insurer acquiring a 50 percent stake plus one share in a new joint venture for an initial EUR277mn ($300mn).

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