CNP Assurances sells to Barclays its stake in BVP for $555 million
PARIS (Reuters) - CNP Assurances said on Monday it was selling to Barclays Bank its 50 percent stake in CNP Barclays Vida Y Pensiones (CNP BVP), for 453 million euros (356 million pounds) including a special dividend.
The transaction is expected to close by the middle of 2015 and should result in a capital gain of about 200 million euros, CNP said in a statement.
(Reporting by Natalie Huet; Editing by Greg Mahlich)