I would expect to see more of these types of transactions as the dust settles with some of the large life insurance carriers. Large companies like Allianz and other investing in other trouble carriers.
Allianz invests $2.5B in Hartford Germany's Allianz will buy $750M in stock, $1.75B in subordinated debentures as financial services firm is pounded by credit crisis.
HARTFORD, Conn. (AP) -- Hartford Financial Services Group Inc. said Monday it will receive a $2.5 billion investment from Allianz SE.
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clipped from money.cnn.com
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