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Company Statement: Euler Hermes and Mapfre enter joint venture in Spain and Latin America

( May 23, 2012, 16:00 GMT | Official Statement) -- MLex Summary: Insurance companies Mapfre and Euler Hermes annuonced that they have entered into a joint venture to develop their credit insurance business in Spain and four Latin American countries. The deal is subject to regulatory approvals and the companies plan to start the operations in the beginning of 2013.The full statement follows:...

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