IAG maintains silence on UK business sale
Insurance Australia Group has stressed that writing off its remaining goodwill and intangible assets in the UK business is not necessarily a sign that it will sell that division.
The group yesterday conceded, in its full year results for the year end 30 June 2012, that it would write off AUD$297m (£196.6m) remaining goodwill and intangible assets associated with the UK
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