Credicorp to Acquire Remaining 50% Stake in Empresas Banmédica Joint Venture

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Credicorp (NYSE: BAP) has finalized an agreement to acquire Empresas Banmédica’s 50% stake in the joint venture that was established in December 2014 between Pacífico Compañía de Seguros y Reaseguros S.A. and Banmédica. As part of this acquisition, Banmédica will relinquish its 50% interest in the venture.

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