Groupama Is in Talks With Potential Investors, Les Echos Reports

Groupama SA is in talks with Munich Re, Swiss Re Ltd. and Berkshire Hathaway Inc. (BRK/A) about investing in the company to shore up its balance sheet, Les Echos reported, without saying where it got the information.

The investments, which may come in the form of non-voting hybrid securities, would give Paris-based Groupama time to raise further capital by selling units such GAN Eurocourtage and its stake in real-estate company Silic SA, the newspaper said.

To contact the reporter on this story: Gregory Viscusi in Paris at gviscusi@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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