Allianz France agrees deal for Groupama's Gan Eurocourtage

Business handshake

Groupama has agreed to sell the property and casualty brokerage-related activities of its Gan Eurocourtage subsidiary to Allianz France for an undisclosed sum.

Allianz and Groupama have been involved in exclusive negotiations since 27 April.

"This transfer will create one of the largest brokerage franchises in France, substantially enhancing Allianz's

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