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30 June 2023 at 4:12pm
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[ARTICLE] Suncorp drops out of CBA general insurance auction: sources

A news article has been posted about Insurance Australia Group on the AFR. The article was published around , on 22 April 2021 at 2:46pm.

ASX-listed Suncorp Group has given up its pursuit of Commonwealth Bank of Australia’s up-for-sale general insurance unit. It is understood Suncorp has dropped out of the Goldman Sachs-run auction, leaving rivals Insurance Australia Group and Allianz to duke it out for the division.

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IAG was $4.75 at the close of trade on 21 April 2021

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