Coface to get French state fund aid for partial IPO

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The French state is likely to lend a helping hand to investment bank Natixis in selling its credit insurance unit according to newswire Reuters.

Bringing in the state-owned investment vehicle Caisse des Depots as a shareholder may be the only way that Natixis can unload Coface - worth between 1 and 2 billion euros via a likely partial share

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