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28 May 2012

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Swiss Life takes majority in French Viveris

Insurer Swiss Life has taken a controlling stake in Marseille-based portfolio manager Viveris REIM, which expects to grow strongly as a result. Terms were not disclosed but local media said Swiss Life acquired a 60% stake from Viveris Management. Viveris REIM managers retain 35%, with French insurer Matmut holding 5%.

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