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Jun
10

Barclays starts negotiations to sell stake in French Life Insurance business

Barclays plc has reportedly initiated round table talks over selling half of its French life insurance business, Barclays Vie, according to French Daily La Tribune. The sale price of the 50% stake in Barclays French life insurance division is currently being valued at around EUR 65 million (USD 78 million). A number of European insurers are said to have expressed interest in buying the stake, including:…

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