ST. PAUL (dpa-AFX) - The Travelers Companies, Inc. (TRV) announced 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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