Mutua Valenciana to be taken over by Mapfre


Mutua Valenciana to be taken over by Mapfre

MADRID, Spain—Spain’s biggest insurance group Corporación Mapfre S.A. has agreed a memorandum of understanding to take over the business of fellow Spanish mutual insurance group Mutua Valenciana Automovilista. Mutua Valenciana is mainly a motor insurer. Under the deal, it will transfer…

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