SCOR SE (ENXTPA:SCR) signed an agreement to acquire MutRé S.A. from Matmut SA, Fédération nationale de la Mutualité Française and others on July 17, 2017. The ratification of the agreement by MutRé's other shareholders which represent approximately 15% of MutRé's capital is expected in October 2017 at the latest. MutRé reported revenue of €281 million, net profit of €2.8 million and equity of €132 million in 2016. The transaction is subject to the authorization of the ACPR and the relevant competition authorities. As of September 13, 2017, the European Commission approved the transaction. The transaction is expected to close in early January 2018. The acquisition of MutRé will have an accretive impact on SCOR's ROE and earnings per share. BNP Paribas acted as financial advisor to Matmut SA and Fédération nationale de la Mutualité Française. Jean-Marc Desaché , Anya Hristova , Reid Feldman ,Gilles Kolifrath and Marco Plankensteiner of Kramer Levin acted as legal advisors to SCOR. Alexandre Delhaye, Alexandre Delhaye, Damien Decolasse and Carole Rometti of CMS Francis Lefebvre Avocats acted as legal advisor to MutRé. SCOR SE (ENXTPA:SCR) completed the acquisition of MutRé S.A. from Matmut SA, Fédération nationale de la Mutualité Française and others on January 3, 2018.