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The Chinese credit insurer Sino Guarantee is planning to acquire a stake in the capital of its French counterpart Coface.
The request was made to Natixis, the main shareholder of the French insurer (of which it holds 41.24%).
Valued at 1.26 billion EUR (1.48 billion USD) on the stock exchange, Coface has been considered by Natixis, for eight years, as a non-strategic asset.
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