The acquisition of 24.4% of Cattolica by Generali, through a reserved capital increase, is none other than a rescue operation to preserve an Italian insurer. The main conclusion from this transaction is that Generali is in good shape and has enough cash after the pandemic.
25 Jun 2020
Eternally Italian
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Eternally Italian
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
25 Jun 2020 -
Author:
Bassem Neifer -
Pages:
2
The acquisition of 24.4% of Cattolica by Generali, through a reserved capital increase, is none other than a rescue operation to preserve an Italian insurer. The main conclusion from this transaction is that Generali is in good shape and has enough cash after the pandemic.