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Credicorp's Peruvian insurance units explore possible merger

Credicorp Ltd. said two of its Peruvian insurance units, Pacífico Seguros Generales and Pacífico Vida, have agreed to study a possible merger between them.

The companies will analyze the economic, financial, legal, accounting and tax aspects of the proposed merger before coming to a decision, Credicorp said in a Dec. 22 filing.