German Cartel Office OKs Allianz Takeover Of Aldi Real Estate
August 19 2010 - 5:25AM
Dow Jones News
Germany's cartel office Thursday said it approved the
acquisition of commercial real estate owned by Aldi Immobilien KG
by insurer Allianz SE (ALV.XE) on Aug. 11.
The cartel authority disclosed neither the value nor the size of
the real estate.
A spokeswoman for Allianz Thursday declined immediate
comment.
An Aldi Sued spokeswoman said negotiations are still in
progress.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500