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Allianz Bids $1.6B For Singapore's Income Insurance

By Tom Fish ( July 17, 2024, 10:37 AM BST) -- Allianz SE said on Wednesday it has made an all-cash offer to buy a majority stake in Singapore-based insurer Income Insurance Ltd. for 2.2 billion Singapore dollars ($1.64 billion), as the German financial services company seeks to expand its presence in Asia....

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