Weddings in view between Allianz and Dresdner
The union of insurance giant Allianz with the third German bank Dresdner represents a step toward greater internationalization of Germany. Allianz, which holds stakes in many German companies, has confirmed his desire to detect a transaction with Dresdner Bank for 23 billion euros. Allianz’s bid could lead to a revolution in the German financial world and set in motion a new process of mergers and acquisitions among banking, insurance and finance.