Assicurazioni Generali SpA (GASI.MI)
MILAN, Jan 23 Shares in Assicurazioni Generali rose strongly on Monday following press reports that Intesa Sanpaolo and Germany's Allianz were interested in a possible investment in Italy's biggest insurer.
MILAN, Jan 12 Italy's top insurer Assicurazioni Generali must remain Italian, UniCredit's CEO Jean Pierre Mustier told an Italian daily on Thursday, addressing speculation of a possible takeover by French rival AXA.
MILAN Assicurazioni Generali does not intend to sell its French business, three people close to the situation said on Friday, following a report that German rival Allianz was in talks with Italy's biggest insurer about a sale.
FRANKFURT Germany's Allianz is in talks with Assicurazioni Generali as it weighs a bid for the company's French operations, Bloomberg reported, citing people familiar with the matter.
* Dollar falls; low-rated euro zone bond yields fall (Updates market action, changes dateline, previous LONDON)
* Board gave favourable opinion to conversion of Monte dei Paschi subordinated debt into equity and mandated CEO to proceed
SIENA, Italy Shareholders in Monte dei Paschi di Siena approved a 5 billion euro ($5.3 billion) share issue on Thursday, the third cash call in as many years to keep Italy's third-biggest lender afloat.
MILAN/LONDON Italy's biggest insurer Generali is looking to raise at least 1 billion euros ($1.06 billion) by selling businesses in unattractive markets and is to cut costs in an effort to boost profit and capital.
* Shares among worst performers in STOXX 600 (Adds CFO comments, shares)
* CEO Philippe Donnet says Generali won't simultaneously convert Monte dei Paschi debt and invest in Italy's new bank loan fund Atlante 2