Talanx has USD 6bn for US buys (translated)
12 FEB 2018
Talanx [TLX.DE], a German insurance company, could acquire in the US, Neue Zuercher Zeitung reported. The Swiss daily said Talanx Chairman Herbert Haas stated he is looking at the US for buys. Talanx has EUR 5bn (USD 6.12bn) available and US expansion should improve the profit balance between units as the re-insurance business is currently too dominant, the report stated.
The original article was published today on page 19.