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Stock Market & Financial Investment News

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December 5, 2012
17:03 EDTTRVTravelers increases its ownership in its J. Malucelli JV
The Travelers Companies announced today that it has increased its ownership stake in J. Malucelli Participações em Seguros e Resseguros S.A., its joint venture in Brazil, by exercising a pre-existing option to purchase newly issued shares. As a result, Travelers has increased its stake in J. Malucelli from 43.4 percent to 49.5 percent.
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