Inter Expansion agreed to acquire 65% stake in Fongépar from CNP Assurances Société anonyme (ENXTPA:CNP) on January 2, 2014. Post transaction, entity will be renamed as Inter Expansion-Fongepar. The transaction was approved by Autorité de Contrôle Prudentiel et de Résolution and Autorité des Marchés Financiers.

Pricewaterhousecoopers acted as financial advisor for Inter Expansion. Cyril de Beco and Anthony Baillet of Ernst & Young France acted as an accountant for CNP Assurances Société anonyme.