MILAN (Reuters) - Generali investor Fondazione CRT ruled out on Wednesday the possible sale of its 1.7% stake in Italy's largest insurer.
MILAN (Reuters) – Generali investor Fondazione CRT ruled out on Wednesday the possible sale of its 1.7% stake in Italy’s largest insurer.
“Assicurazioni Generali is and will continue to be a strategic investment for Fondazione CRT,” it said in a statement. “Therefore, the assumption of selling, even partially, the current 1.72% holding is, as things stand, groundless.”
(Reporting by Maria Pia Quaglia, editing by Cristina Carlevaro)
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