BTG Pactual to sell insurer stake to France's CNP for $198 mln

miércoles 20 de abril de 2016 18:24 GYT

BRASILIA, April 20 (Reuters) - Brazilian investment bank Grupo BTG Pactual SA agreed on Wednesday to sell a stake in insurer Pan Seguros SA for 700 million reais ($198 million) to France's CNP Assurances SA, according to a securities filing.

($1 = 3.5276 Brazilian reais) (Reporting by Alonso Soto; Editing by Alan Crosby)