Shares of Euler Hermes, the French credit insurer, lost 4.91 per cent in Paris yesterday, closing at Ђ50.35, after reaching a yearly high of Ђ53.90 during the session.
French insurance group AGF, which owns 68.3 per cent of the capital of Euler Hermes, has dismissed reports that it plans to acquire the remainder of the company's shares in the near future.
Source: Les Echos
