Assicurazioni Generali SpA (ARZGY.PK)
24 Feb 2017
MILAN, Feb 24 Italy's biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country's largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders.
MILAN, Feb 24 Italian biggest retail bank Intesa Sanpaolo said on Friday it dropped a potential tie-up plan with Assicurazioni Generali as it did not see it as a way to create value for its shareholders.
PARIS AXA has reached a "critical size" and is ruling out major acquisitions such as Italy's Generali , the French insurer's chief executive Thomas Buberl said on Thursday.
Feb 23 AXA executives' comments during a press conference:
Feb 22 Intesa Sanpaolo Chairman Gian Maria Gros-Pietro says:
MILAN, Feb 17 Italy's biggest insurer Assicurazioni Generali said on Friday it had bought 510 million shares in Intesa Sanpaolo equal to a 3.04 percent stake, effectively blocking the lender from acquiring a large stake in itself.
MILAN, Feb 17 Italy's biggest insurer, Assicurazioni Generali, is not prejudiced against a possible industrial cooperation with the country's biggest retail bank, Intesa Sanpaolo, Generali chairman Gabriele Galateri said on Friday.
Feb 15 Intesa Sanpaolo chairman Gian Maria Gros-Pietro says:
MILAN, Feb 9 Zurich Insurance does not consider Italian insurer Assicurazioni Generali as an interesting target, a spokesperson for the Swiss group said on Thursday.
MILAN, Feb 9 Italian investment house Mediobanca is sticking to its plans to sell down its stake in the country's biggest insurer, Generali, the subject of fierce takeover speculation.