JC Flowers wins bid for insurance broker CEP - Reuters
New York-based J.C. Flowers won a bid to enter exclusive talks to buy Compagnie Europeene de Prevoyance, Reuters reported. Compagnie Europeene de Prevoyance is a French loan insurance broker. Financial terms were not disclosed. However, a source familiar with the matter said the deal with French private equity firm PAI Partners valued the company at more than 800 million euros ($1.16 billion).
ByEamon
6 May 2011•2 mins read
