September 3, 2017 / 12:56 PM / a year ago

China's United SME Guarantee Corp eyes stake in Coface -Les Echos

PARIS, Sept 3 (Reuters) - China’s United SME Guarantee Corporation is interested in taking a stake in French credit insurer Coface, French business daily Les Echos wrote on its website on Sunday, citing unnammed sources.

Les Echos said that the Chinese group had approached French investment bank Natixis, which owns part of Coface.

A Coface spokeswoman declined to comment. Natixis could not be reached for immediate comment. (Reporting by Yann Le Guernigou; Writing by Ingrid Melander; Editing by David Goodman)

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