Australian Competition Watchdog Clears IAG’s $855 Million Acquisition of RACQ Insurance.

Thu 22 May 25, 01:15 AM | Team Kalkine

Image source: Shutterstock

Highlights

The ACCC will not oppose IAG’s proposed $855 million acquisition of a 90% stake in RACQ Insurance.

The regulator found the deal unlikely to substantially lessen competition in Queensland’s insurance market.

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