UPDATE 1-Generali seals Cattolica deal to boost Italian market lead - NewsBreak
By Jozef in Business
Updated 3 years ago
MILAN, Oct 29 (Reuters) - Italy's top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. On the last day of Generali's buyout offer, investors had tendered shares equivalent to 60.8% of Cattolica's...