Generali unwinds defence against Intesa Sanpaolo takeover


Italy’s major insurer Assicurazioni Generali said that it has sold 510 million of ordinary shares of Intesa Sanpaolo, equal to 3.04 percent of its overall share capital, which it had bought in January to fend off a possible hostile takeover from the retail bank.

Generali, Intesa Sanpaolo, M&A, Insurance, Italy, Europe

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