Allianz mulls $20b offer for QBE Insurance: German media
Alice Uribe
Updated
QBE, the nation's largest insurer, says it is not in discussions with German insurer Allianz, after a German newspaper suggested that the global insurance giant was mulling a $20 billion takeover offer.
"While it is QBE's policy not to comment on rumour or media speculation, QBE confirms that it is not in discussions with Allianz or any other potential buyer," QBE said in a statement to the ASX on Monday morning.
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Reuters
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