Allianz considers takeover of Australia's QBE: source
Report says German insurer has floated an offer of A$15.00 per share, valuing its peer at A$20b
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Sydney
GERMAN insurer Allianz has made an informal approach to Australian peer QBE Insurance to canvass its interest in a takeover deal, according to a source familiar with the situation.
The source, who was not authorised to speak publicly about the matter, told Reuters that no acquisition price had been proposed to QBE, Australia's biggest insurer.
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