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IAG enters deal to acquire RACQ insurance underwriting business

By Yahoo! Finance   |   Nov 28, 2024 at 07:05 AM EST
IAG enters deal to acquire RACQ insurance underwriting business

IAG has acquired 90% of RACQ's insurance underwriting business for $855m, with a potential to buy the remaining 10% in two years. The deal aligns with IAG's investment goals and will not impact existing operations or brands.

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