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29/02/2012 - 14:05

QBE raises $450m, seeks $150m more

29/02/2012 - 14:05

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Shares in QBE Insurance Group have risen after the insurance giant raised $450 million from institutional investors and sought to raise another $150 million from retail investors.QBE's stock on the Australian Securities Exchange finished 15 cents, or 1.3 per cent, higher at $11.65.

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