Generali : Generali poised to launch a public tender offer for Cattolica
>Launch of a public tender offer for Cattolica - Generali announced yesterday morning that it was going to launch a public tender offer for the Cattolica shares that it does not own. Generali entered into a strategic partnership with Cattolica on 24 June 2020 (partnership in asset management, the Internet of Things, health insurance and reinsurance) and subscribed to a € 300m capital increase for Cattolica at a price of € 5.5 per share. Generali currently owns 23.672%...Assicurazioni Generali is the parent company for The Generali Group (the Group), an insurance and financial services provider. The commercial offer is composed of savings and pure risks policies, which constitute the majority of the portfolio, which includes protection and pension funds. In the non-life sector the Group is focused primarily on the retail market. In addition, through the Europ Assistance Group, Co. is engaged in services in motor, travel, health, home and family. The Group has also expanded its business from insurance to a range of asset management, property and financial services.
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