Allianz and BlackRock Team Up for Major $3.5 Billion Viridium Acquisition

In a significant move that showcases growing interest in the sustainable investment sector, Allianz and BlackRock have joined forces with a group of investors to acquire the German life insurance company, Viridium. This deal is valued at a staggering $3.5 billion and marks a pivotal shift in the dynamics of the insurance market, particularly in Europe.

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