Japan’s Meiji Yasuda offloads Talanx shares after rally

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Japan’s Meiji Yasuda offloads Talanx shares after rally

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Flags of the German insurance company Talanx wave during the Talanx general meeting in Hanover, Germany, 08 May 2014. The company expects a decline in profits for the current financial year. Photo: Holger Hollemann/dpa | Holger Hollemann/DPA/PA Images

Japan’s Meiji Yasuda Life Insurance Co has sold €125m of shares in Talanx, the German business-to-business insurer, after the stock rallied by more than 50% from its post-crash lows in March.

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