Eurazeo (FR:RF) has released an update.
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Eurazeo is in exclusive talks to sell its 70% stake in Albingia, a prominent French commercial insurance company, to a consortium led by La Financière de Blacailloux. The sale is expected to generate €289 million for Eurazeo, aligning with its strategy to support industry leaders while delivering strong returns. The transaction is anticipated to finalize in spring 2025, pending regulatory approvals.
For further insights into FR:RF stock, check out TipRanks’ Stock Analysis page.