Allianz to buy HSBC’s Singapore insurance unit for $2.09 billion
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Source: CNBC
Published: 2026-07-24 10:11 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Health, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
Allianz Group said on Friday it has agreed to acquire HSBC's Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the company's footprint in Asia's life and health insurance market.
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