Talanx AG TLX.DE

Based in Hanover, Talanx AG is one of the largest business insurance providers in the world. Talanx AG was founded in 1996 and is active in over 150 countries. The company divides its impressive array of services into several divisions: Business Retail, International Business, Industrial Insurance, Reinsurance, and Corporate Functions. Talanx AG is ranked on the Forbes Global 2000 as one of the largest companies in the world.

Talanx AG, traded as TLX.DE, went public in 2012. Originally listed on the Frankfurt and Hanover Stock Exchanges, the company is also currently listed on the Xetra, the internet version of the Frankfurt Stock Exchange. Talanx AG shares were initially available at €19.05.

An IPO can often be a mixed bag when it comes to the duration and effort required to see it to fruition. The Talanx AG IPO was a decade in the making. Primary reasons for the delay include timing and disagreements with underwriting institutions. Talanx AG finally went public in 2012. Shortly afterwards, the company stock, TLX.DE, became part of the MDAX, a listing of medium-sized German companies. Talanx AG switched to the small-cap SDAX index several years later.

Learn more about Talanx AG on the platform. Keep track of the stock by adding it to your watchlist.