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  • Allianz Ends $2.2 Billion Acquisition Plan with Income Insurance Amid Regulatory Scrutiny

    Allianz Ends $2.2 Billion Acquisition Plan with Income Insurance Amid Regulatory Scrutiny0

    German Insurer Withdraws Offer Citing Financial Prudence After Government Intervention Allianz has officially ended its bid to acquire a 51 per cent stake in Income Insurance for S$2.2 billion, citing financial discipline and regulatory challenges as key reasons behind the decision. The German insurer’s withdrawal marks the conclusion of a five-month pursuit to secure control

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  • Macron Appoints Bayrou as New Prime Minister Amid Political Turmoil

    Macron Appoints Bayrou as New Prime Minister Amid Political Turmoil0

    Centrist leader faces uphill battle to navigate France’s legislative challenges French President Emmanuel Macron has appointed François Bayrou as his fourth prime minister in 2024, aiming to guide France through its second major political crisis within six months. Bayrou, a veteran centrist and close ally of Macron, will focus on passing emergency legislation to maintain

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