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Allianz exploring options for its private bank OLB

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Allianz is in talks with interested parties about the partial or total sale of regional private bank Oldenburgische Landesbank AG, which is 90-percent owned by the German insurer, OLB said on Tuesday. Sources told Reuters that U.S. private equity group Apollo and Germany's Commerzbank had submitted non-binding offers for the…

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Click here to read the full story: Reuters

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