Tuesday, July 1, 2025

Abu Dhabi National Insurance

Abu Dhabi National Insurance acquires 51% of Allianz Saudi Fransi Insurance for $133mln

Abu Dhabi National Insurance Co. (ADNIC) has acquired 51% of the share capital of Allianz Saudi Fransi Cooperative Insurance Co., a Saudi Arabia-listed insurer, for 499 million riyals ($133.1 million). The deal was concluded at a weighted average price of...

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