Advertisement
Advertisement

Generali investor Fondazione CRT says investment in insurer is “strategic”

By:
Reuters
Published: May 18, 2022, 17:07 UTC

MILAN (Reuters) - Generali investor Fondazione CRT ruled out on Wednesday the possible sale of its 1.7% stake in Italy's largest insurer.

Headquarters of the Italian insurance company Generali are seen in Trieste

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)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?

Advertisement