Maritima is one of the few remaining large independent Brazilian insurers active in multiple lines, including health, life and automobile. The company has reportedly stated that it is not interested in ceding majority control, the size of the share to be sold will depend upon negotiations and it seeks to raise approximately R$500 million (approximately US$ 220 million) through the sale. The company has received foreign interest in the past, and states that it has recently been in discussion with several potential Asian and European partners.
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