--One of Generali's leading shareholders, the Benetton family, has sided with investors pushing for a change in management at the Italian insurer, Reuters says, citing an unnamed source.

--The Benettons, through their holding company Edizione, would join Francesco Gaetano Caltagirone and Leonardo Del Vecchio, who have put forward an alternative candidate to lead Generali in a challenge to current Chief Executive Philippe Donnet, according to Reuters.

--The Benettons control 3.96% of Generali, according to the insurer's website.

 

Full story: https://reut.rs/3vjJSz8

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

April 27, 2022 08:18 ET (12:18 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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