Mortgage News

Royal & SunAlliance keeps quiet on sale rumours

Wednesday 29th of January 2003

Royal & SunAlliance is keeping mum on whether its mortgage insurance business is up for sale ahead of the group's A$2 billion share float.

The Australian Financial Review (AFR) reports the mortgage insurance business is on the block and is worth up to about A$300 million (NZ$322.4 million) and that advisers Goldman Sachs and Macquarie Ban...

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