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Allianz-Income deal followed talks on all-Singaporean tie-up

Joe Marsh
Investment industry executives say the furore over the German insurer's agreement to buy 51% of Income Insurance may actually accelerate the transaction.
Allianz-Income deal followed talks on all-Singaporean tie-up

While German insurer Allianz’s recent agreement to take control of Singapore’s Income Insurance has sparked fierce public criticism, this opposition seems unlikely to halt the deal’s progress. It may even accelerate its completion, industry executives have suggested privately to AsianInvestor.

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