Coface to take controlling stake in SBCE - Brazil
(BNAmericas, Santiago, 24 September 2007) The Brazilian unit of French credit insurer Coface will soon hold 75% of local export credit insurer Seguradora Brasileira de Credito a Exportacao (SBCE), upping its stake from 27.5%. The Government of Brazil holds a 24.2% share in SBCE.