Generali offers EUR1.2bn for remaining Cattolica shares
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Generali offers EUR1.2bn for remaining Cattolica shares

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Assicurazioni Generali has made a EUR1.2bn ($1.4bn) bid for the shares of Società Cattolica di Assicurazione that it does not already own, in a move it said would reinforce its position in Italian insurance.

Generali added the potential transaction would accelerate its shift towards P&C, a goal identified in its 2021 strategic plan.

The

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