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Munich Re, the world’s largest reinsurer, said its Hartford Steam Boiler agreed to buy the 24-story building that serves as the unit’s headquarters.

The structure at One State Street in Hartford, Connecticut, will be purchased from the Hines real estate firm, which owned and operated the building since it was completed in 1983, HSB said today in a Business Wire statement that didn’t disclose terms of the deal.

Topics Mergers & Acquisitions Connecticut