The Italian giant Generali is interesting to two European colossi: Allianz and Intesa Sanpaolo (ISP). A deal between the German insurer and the Italian bank is the more probable. According to Generali, Allianz has acquired some assets belonging to Generali while Intesa has invested €6bn to “protect” Italian interests. At the same time, Generali has surprised by acquiring 3.01% of the capital of Intesa.
25 Jan 2017
A round of poker
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A round of poker
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
25 Jan 2017 -
Author:
Bassem Neifer -
Pages:
3
The Italian giant Generali is interesting to two European colossi: Allianz and Intesa Sanpaolo (ISP). A deal between the German insurer and the Italian bank is the more probable. According to Generali, Allianz has acquired some assets belonging to Generali while Intesa has invested €6bn to “protect” Italian interests. At the same time, Generali has surprised by acquiring 3.01% of the capital of Intesa.