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Income Insurance’s minority shareholders back to square one in wake of failed Allianz deal
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The collapse of the proposed deal came two months after the Government intervened and amended the Insurance Act.
PHOTO: ST FILE
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SINGAPORE - Retiree John Tay and his wife are among the 16,000 or so Income Insurance shareholders who are again in limbo.
This comes after German insurer Allianz on Dec 16 said it would withdraw its proposed offer
