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Euler Hermes Group SA (ELER.PA)

ELER.PA on Paris Stock Exchange

121.60EUR
8 Dec 2017
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Mon, Nov 27 2017

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Allianz plans to buy rest of Euler Hermes for $2.2 billion

FRANKFURT Germany's biggest insurer Allianz plans to buy the shares in French credit insurance firm Euler Hermes it does not yet own for around 1.85 billion euros ($2.2 bln).

Allianz plans to buy rest of Euler Hermes for $2.2 billion

FRANKFURT Germany's biggest insurer Allianz plans to buy the shares in French credit insurance firm Euler Hermes it does not yet own for around 1.85 billion euros ($2.2 bln).

UPDATE 2-Allianz plans to buy rest of Euler Hermes for $2.2 bln

* Shares in Euler Hermes jump to offer price (Adds share prices, analyst comment, valuation)

Allianz announces plans to buy rest of Euler Hermes

FRANKFURT, Nov 27 German insurer Allianz has announced plans to buy the shares in credit insurer Euler Hermes it does not yet own by offering investors 122 euros ($145.47) per share in cash.

BRIEF-Euler Hermes Group Q3 net income group share rises to 64.3 million euros

* Q3 TURNOVER EUR ‍​642.8 MILLION; OPERATING INCOME EUR 82.8 MILLION; NET INCOME GROUP SHARE EUR 64.3 MILLION

BRIEF-Euler Hermes H1 revenues at 1.29 billion, down 1.1 pct

* H1 REVENUES AT EUR 1,286.0 MILLION, DOWN 1.1 PCT AT CONSTANT EXCHANGE RATES

Credit insurer cuts cover for suppliers to HBC's Kaufhof - sources

DUESSELDORF, Germany, July 26 Euler Hermes has slashed its trade credit insurance for suppliers of German department store chain Kaufhof, owned by Canada's Hudson's Bay Co (HBC), two people familiar with the matter told Reuters.

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