Allianz CEO Oliver Bate has said the company does not plan to expand its US market presence because valuations in the US are too high compared to those in Europe. That means going for mid-sized businesses instead of opting for mega-mergers. The German carmaker is also looking at expanding into Asia and Latin America, where it already operates a network of dealerships.
Allianz CEO Oliver Bate has said the company does not plan to expand its US market presence because valuations in the US are too high compared to those in Europe. The German carmaker is also looking at expanding into Asia and Latin America, where it already operates a network of dealerships.