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World Insurance Report

Barclays Bank sells stake in Spanish life subsidiary to CNP

CNP will pay Barclays €140.0mn in cash on completion of the sale

UK bank Barclays Bank Plc is to sell a 50% stake in its Iberian subsidiary Barclays Vida y Pensiones Compania de Seguros (BVP) to the French insurer CNP Assurances SA.

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