Assicurazioni Generali has purchased voting rights of 3.01% of Intesa Sanpaolo's share capital, which would prevent the lender from a bigger stake of Italy's largest insurer. With Italian newspaper Allianz reporting that Intesa could be purchasing a stake in Generali, we could be seeing part of a wider deal between the company and La Stampa.
Assicurazioni Generali has purchased voting rights of 3.01% of Intesa Sanpaolo's share capital, which would prevent the lender from a bigger stake of Italy's largest insurer. With Italian newspaper La Stampa reporting that Intesa could be purchasing a stake in Generali, we could be seeing part of a wider deal between the company and Allianz.