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QBE Aims To Raise $750M In Offering, Sell Agency Assets

By Chelsea Naso (August 19, 2014, 1:29 PM EDT) -- QBE Insurance Group Ltd. said Tuesday it plans to raise $750 million in a share placement and will sell off chunks of its U.S. and Australian agency businesses, as well as float its Australian lenders' mortgage insurance unit, to help boost the struggling insurer's financial flexibility....

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