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Scuppered deal raises questions
By
Elaine Chan
- Asia
- Global
- Singapore
Uncertainty hangs over Allianz’s plan to acquire majority stake in Singapore’s Income Insurance after government rejection
Among the slew of mergers and acquisitions involving Singapore companies this year, none has drawn the kind of attention like German insurer Allianz’s S$2.2 billion (US$1.7 billion) proposed buyout of Income Insurance. The deal is now shroude...
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