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Mapfre reported to have bid €500m for DLG's Italian and German units

Euro bag

Direct Line Group is believed to have been offered €500m (£393.2m) by Spanish insurer Mapfre for its Italian and German operations.

According to Italian publication Il Sole 24 Ore, Mapfre has emerged as the frontrunner for DLG's pair of international businesses after outbidding Axa and Allianz, which was previously said to be

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