Insurance Australia Group (IAG) has agreed to acquire the insurance business of the Royal Automobile Club of Western Australia (RAC), along with a 20-year exclusive distribution and brand licensing ...
RAC WA is hoping to sell its insurance arm to Sydney-based IAG and insists the deal is good for its members. But some say they will switch insurers if the deal goes through. The planned sale is being ...
SYDNEY & TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy ® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, today announced its customer RAC ...
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ACCC blocks Insurance Australia Group's RAC Insurance acquisition: What investors need to know
The Insurance Australia Group Ltd (ASX: IAG) share price is in focus today after the ACCC blocked IAG's proposed takeover of RAC Insurance Pty Limited. The regulator concluded the deal would ...
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IAG to buy RAC insurance for $1.35 billion
Western Australia's state motoring organisation, the RAC of WA, has entered a strategic alliance with Australia's biggest insurer, IAG. IAG will buy RAC Insurance and a 20-year exclusive distribution ...
Photo: Supplied Insurance giant IAG has raised the spectre of Perth being hit by a big earthquake like in Christchurch to argue it should be allowed to buy RAC ’s insurance business. IAG chief ...
An RAC spokesperson said they respected the ACCC process and would continue to work with them throughout their assessment. “ RAC remains confident in the merits of the partnership, which will ensure ...
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