(Bloomberg) -- Allianz SE, Europe's biggest insurer,
sold 463 billion won ($497 million) of shares in Hana Financial
Group Inc., ending a seven-year equity partnership with the South
Korean bank, a person familiar with the sale said.
Allianz, based in Munich, sold the shares at 46,450 won each,
the top of a range earlier offered to investors, according to the
person, who asked not to be named because the information is
confidential.
Read more at Bloomberg Emerging Markets News
sold 463 billion won ($497 million) of shares in Hana Financial
Group Inc., ending a seven-year equity partnership with the South
Korean bank, a person familiar with the sale said.
Allianz, based in Munich, sold the shares at 46,450 won each,
the top of a range earlier offered to investors, according to the
person, who asked not to be named because the information is
confidential.
Read more at Bloomberg Emerging Markets News
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