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Stock Market & Financial Investment News

News Breaks
March 17, 2014
05:56 EDTAZSEYAllianz to acquire property and casualty business from UnipolSai
Allianz has agreed to acquire a part of the Property and Casualty insurance business of the Italian insurer UnipolSai with premiums of EUR1.1B. The business includes 729 agencies and 500 employees servicing 1.5 million customers in Italy. The acquisition will be for a total consideration of up to EUR440M. The transaction is subject to regulatory approval.
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