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Bank of Italy to Transfer 4.5% Stake in Assicurazioni Generali SpA to Sovereign Fund-Global Banking News

Tuesday, 18 Dec 2012 07:00pm EST 

Global Banking News reported that the central bank of Italy is planning to cede its 4.5% stake in Assicurazioni Generali SpA to Italia's sovereign fund, FSI. In exchange for its stake in Assicurazioni Generali SpA, the central bank will take a stake of 20% in the Italian strategic fund. Further details were not disclosed. 

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