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).
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).