Coface buys stake in Frontline

Coface closes greater China gap with a majority acquisition of Hong Kong''s Frontline, a credit management agency.

The Coface Group Coface, the Paris-listed credit insurance and credit management group, has taken a majority shareholding in Frontline Business Information Frontline in Hong Kong. Frontline, formed in 1982, is a business credit information and pre-legal commercial collection agency. Coface's stake in Frontline closes Coface's gap in Asia in relation to alliances with local credit management and information companies, andĀ gives a preview of Coface's expansionist plans into Greater China.

Coface considers Frontline a major factor in...

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