Groupama buy doubles PMI income
Groupama Insurances has today announced the acquisition of private medical insurer Clinicare from its French parent Groupe AZUR GMF, in a move that more than doubles the size of Groupama’s revenue from PMI.
Neither party would disclose the value of the deal but contracts were exchanged last night and the acquisition is now subject only to Financial Services Authority’s approval.Clinicare writesOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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