FRANCE - Chevrillon and IDI buy insurer from Barclays PE and AXA

Chevrillon & Associés and IDI have each acquired 40% of insurer Albingia, while management retained a 20% stake. The vendors, Baclays Private Equity (Barclays PE) and insurance group AXA, have sold their entire stake after a Rothschild-run auction which attracted around 10 private equity and industrial bidders including PAI partners and Sagard.