Allianz Ayudhya Capital acquires Aetna Thailand

Allianz Ayudhya Capital Public Company (AYUD) has acquired 100% of Aetna Thailand, a health insurance company. Both companies did not disclose the acquisition details.

This transaction allows the Thai subsidiary of the German group to strengthen its position in the local health insurance market.

The deal, which is pending regulatory approval, is expected to close in Q2 2022.