(Reuters) - Allianz managed to raise its stake in AGF to 92.18 percent through a 9.8 billion euro public offer that ended last week. It previously held nearly 58 percent of the company.
Together with treasury shares held by AGF itself, amounting to 3.21 percent, Allianz now holds more than the 95 percent of AGF required for a squeeze out under French law, Allianz said in a statement.
Read more at Reuters.com Government Filings News
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