China's HNA explored buying a major stake in Germany's Allianz: Report

China's HNA explored buying a major stake in Germany's Allianz: Report

The HNAGroup Co. building stands in Beijing, China, on Wednesday, Aug. 9, 2017. Photographer: Qilai Shen/Bloomberg via Getty Images

Chinese conglomerate HNA Group Co. explored buying a significant stake in insurer Allianz SE but was deflected, German daily Sueddeutsche Zeitung reported, without saying where it got the information.

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