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2021
Shinhan agrees to acquire BNP Paribas Cardif General Insurance
Shinhan Financial Group said Monday that it had signed a deal on Friday to acquire BNP Paribas Cardif's non-life-insurance subsidiary in South Korea. Under the share purchase agreement, Shinhan would hold a 94.54 percent stake in BNP Paribas Cardif General Insurance; the transaction price was not disclosed in the report.