--Germany's Allianz is in advanced talks to buy the home-insurance business of the U.K.'s Legal & General, reports Sky News, citing unnamed sources.

--The L&G unit is valued by analysts at between GBP250 million and GBP350 million and could potentially be integrated into Allianz's joint venture with Britain's LV=, according to Sky.

Full story: https://bit.ly/2ZKgfFp

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(END) Dow Jones Newswires

April 29, 2019 06:58 ET (10:58 GMT)

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