CNP Assurances Considers Takeover of Coface
French insurance group CNP Assurances is reportedly exploring a potential takeover of credit insurer Coface. Deliberations remain at an early stage, with no final decisions made yet by the companies.
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CNP Assurances is considering a potential takeover of COFACE SA, Bloomberg News reported on Friday afternoon, citing people with knowledge of the matter. The French insurance group is working on an offer for the credit insurer, according to the report. Deliberations remain at an early stage, and other bidders could emerge.
