Key facts
- Allianz is reportedly in discussions to acquire Portuguese insurer Caravela Seguros.
- The potential deal is currently under negotiation.
Allianz, a major German multinational financial services company, is reportedly in discussions to acquire Caravela Seguros, a Portuguese insurance company. Bloomberg reported on the ongoing negotiations, indicating that the deal is in its early stages. Further information regarding the terms and valuation of the proposed transaction has not yet been disclosed.