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Announced

Dubai Investments to acquire a 55% stake in National General Insurance for $70m.

Synopsis

Dubai Investments, an investment company, offered to acquire a 55% stake in National General Insurance, an insurance service provider, for $70m The company seeks to purchase a stake in National General Insurance at a price of $0.85 per share. Dubai Investment said the offer period begins on December 29 and will be open for 15 working days.

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