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RSA share price rockets over Allianz bid speculation

RSA and German giant Allianz have declined to comment over rumours that the two companies are in talks over a potential takeover. RSA's shares, which have been on the rise all week, were at 164p by lunchtime today, compared to 158p at close of market yesterday. Earlier this week RSA's shares rose amid bid speculation citing Zurich, before falling back slightly after it revealed the loss of its CEO

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