CGNU plc announces that the discussions between CGU France and the MMA/MAAF group, as announced on 6 July 2001, relating to the establishment of a partnership, have by mutual agreement been terminated.
CGNU plc announces that the discussions between CGU France and the MMA/MAAF group, as announced on 6 July 2001, relating to the establishment of a partnership, have by mutual agreement been terminated. It has not been possible to reach an agreement that meets the requirements of both parties.
Enquiries:
| Analysts/Investors: | |
| Steve Riley Investor Relations Director | +44 (0)20 7662 8115 |
| Media: | |
| Hayley Stimpson Director of External Affairs | +44 (0)20 7662 7544 |
| Alex Child-Villiers Financial Dynamics | +44 (0)20 7269 7107 |
Notes to Editors
CGNU is the world's sixth-largest insurance group and the largest insurer in the UK. It has worldwide premium and investment sales from ongoing business of Ł27 billion, and more than Ł200 billion in assets under management at 30 June 2001.