Mitsui takes small stake in Mapfre

Mitsui Sumitomo Insurance (MSI) has purchased a 0.1 percent stake
in Spanish carrier Mapfre for approximately EUR7.14mn ($8mn), the
company announced today.
The transaction was conducted directly between the two companies
through the special operations market of the Madrid stock
exchange.
The companies said the acquisition would further strengthen and
develop an existing partnership established in May 2011.
The carriers entered into a partnership agreement to provide
access to each other's regio