Generali/INA deal agreed.
Generali's £7.64bn takeover of INA, Assitalia's parent, has been cleared by the European Commission,...
Generali's £7.64bn takeover of INA, Assitalia's parent, has beencleared by the European Commission, after the Italian giant agreed a
series of disposals and corporate governance commitments.
These include Generali's 6.56% stake in the Florence-based insurer
Fondiaria as well as the sale of controlling stakes in three life insurers
- Prime Augusta Vita, Casse e Generali Vita and Aurora. The sales will
reduce the combined Generali-INA market share in the Italian life
insurance sector by 7-8%
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