Sales to boost capital at Groupama
Groupama has made an agreement with state owned French banking group, Caisse des Dépôts which it says will introduce substantial fresh capital to Groupama to reinforce the group’s solvency.
Groupama is set to sell its share in real estate company Silic to Caisse des Dépôts who will also be making a €300m (£251.9m) investment in the French insurer.
It will result in the creation of the
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