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Allianz, Ergo Versicherungsgruppe reportedly eyeing Greece's Agrotiki Insurance

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Bloomberg has reported citing sources that Allianz S.E. and Ergo Versicherungsgruppe A.G. are looking to acquire Greece's Agrotiki Insurance S.A.

The companies are in talks to buy the insurer, currently a subsidiary of Greece-based Piraeus Bank S.A., Xprimm reports citing Bloomberg. Bloomberg also quoted Greek daily Kathimerini as saying that the deal could be closed by the end of June 2014.

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