Australia insurer IAG rejects latest QBE offer
businessinsurance.com     May 20, 2008            

SYDNEY, Australia (Reuters)—Australia Insurance Group on Tuesday rejected a takeover proposal by rival Australian insurer QBE Insurance Group Ltd., saying it was too low. Australia's top insurer by premium income, QBE is offering $8.7 billion Australian ($8.2 billion) in cash and shares for... [read full story]                

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