BTG Pactual says in talks with CNP Assurances over insurer stake

January 14, 2016 10:34 AM

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SAO PAULO Jan 14 Grupo BTG Pactual SA, the Brazilian investment bank which is selling assets in the wake of the November arrest of founder André Esteves, is in talks with France's CNP Assurances SA over the sale of a 51 percent stake in Brazilian insurer Pan Seguros SA.

BTG Pactual has entered exclusive talks with CNP Assurances for the disposal of its entire stakes in Pan Seguros SA and in insurance broker Pan Corretora SA, it said in a securities filing on Wednesday.

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