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Reuters reveals Italy’s Banco BPM picks Credit score Agricole for non-life insurance coverage talks – Reuters Information Company

Enterprise & Finance

Reuters shed gentle on how Banco BPM has picked its prime investor, Credit score Agricole, to start out unique talks over a non-life insurance coverage partnership. The French financial institution, which holds 9.2% of Banco BPM, has trumped a rival bid by insurer AXA in a deal which sources have stated is anticipated to be price round 300 million euros. 

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Areas: Europe

Nations: Italy

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