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Exclusive: France’s CNP and Brazil’s Caixa close to reaching $1.7 billion insurance deal – sources

France’s CNP Assurances SA is close to reaching a deal worth 7 billion reais ($1.7 billion) with Brazil’s state-owned lender Caixa Economica Federal [CEF.UL] to sell insurance in the bank’s more than 3,000 branches, two sources with knowledge of the matter said.

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