Generali Mulls Sale of $21 Billion of Italian Life-Insurance Portfolio, Bloomberg Reports
08 December 2022 - 04:27AM
Dow Jones News
--Assicurazioni Generali SpA is considering a sale of around 20
billion euros ($20.93 billion) of its Italian life-insurance
portfolio, Bloomberg reports, citing unnamed sources.
--Italy's largest insurer could start a sale process in January,
though no final decisions on the size or timing of any deal have
been taken, Bloomberg says, citing the sources.
--Generali declined to comment when contacted by Dow Jones
Newswires.
Full story: https://bloom.bg/3HgUbue
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
December 07, 2022 12:12 ET (17:12 GMT)
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