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Australia: QBE becomes full owner of Elders Insurance Underwriting Agency

May 12, 2014 - 6:00am


Elders Insurance (Underwriting Agency) Pty. Ltd. has become a wholly-owned subsidiary of QBE Insurance Group Ltd. as Elders Ltd. has divested its remaining 10% stake in the company to QBE, reports Stockandland.com.au.

The value of the sale was not revealed.

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