Mapfre plans to buy out Banco do Brasil’s interest in some parts of a restructured joint insurance venture, significantly expanding its business in South America’s largest market through a deal valued at a minimum of EUR546mn ($633.
Mapfre plans to buy out Banco do Brasil’s interest in some parts of a restructured joint insurance venture, significantly expanding its business in South America’s largest market through a deal valued at a minimum of EUR546mn ($633.