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Provider: Reuters Investment Profile
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Provider: Thomson Reuters StreetEvents

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Assicurazioni Generali SpA Closes First Acquisition Tranche With Purchase of Additional 25% Interest in GPH

Thursday, 28 Mar 2013 12:38pm EDT 

Assicurazioni Generali SpA announced that, on March 28, 2013, it has completed the purchase from PPF Group of the first tranche of GPH shares – 25% – for an amount of EUR 1,286,000,000, under the terms of the agreement announced on January 8, 2013. Assicurazioni Generali now holds 76% of GPH taking the full management control of the company. Closing of the second tranche of the acquisition, for the outstanding 24% of GPH, is scheduled for the end of 2014. 

Company Quote

-0.405 -3.52%
17 Jun 2014