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Admiral committed to Spain and Italy as it seeks to sell German business

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Admiral has confirmed it is in talks which could lead to the sale of its German operation. However, the insurer stressed it remained committed to its other European businesses in Spain and Italy.

In a statement the company said: "Admiral Group is in exclusive discussions with Itzehoer Versicherung in respect of the sale of Admiral Direkt, the group's car insurance operation in Germany.

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