UPDATE 1-France's Natixis sells 29.5% of Coface to Arch Capital in $520 mln deal
February 25, 2020 at 03:11 AM EST
French bank Natixis said on Tuesday it had agreed to sell a 29.5% stake in credit insurance company Coface to U.S. company Arch Capital Group, in a deal valued at around 480 million euros ($520 million).