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CNP seeks acquisitions, partnerships in LatAm

CNP seeks acquisitions, partnerships in LatAm

May 29, 2023
French state-owned insurer is looking to go beyond its long-time collaboration with Brazil's Caixa

M&A Equity Brazil France

French state-owned insurer CNP Assurances is considering acquisitions and new partnerships in Latin America as it looks to expand beyond a long-time collaboration with Brazilian savings bank Caixa Econômica Federal, a company source told LatinFinance this week. "It is a new stage in Latin America," the source said, adding that CNP could set its sights on entering Mexico, Chile and Colombia. CNP linked up with Caixa Seguros with 2001 and renewed the 20-year partnership in August 2018. It also ple

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