ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

CASS Societa Cattolica Di Assicurazione Scarl

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Societa Cattolica Di Assicurazione Scarl BIT:CASS Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Italy's Generali to Buy Remaining Cattolica Shares

13/07/2022 7:13am

Dow Jones News


Societa Cattolica Di Ass... (BIT:CASS)
Historical Stock Chart


From May 2022 to May 2024

Click Here for more Societa Cattolica Di Ass... Charts.

By Mauro Orru

 

Assicurazioni Generali SpA said it would buy shares of Cattolica Assicurazioni SC that it doesn't yet own after it secured near-total control over its former rival.

The Italian insurance giant said late Tuesday that it now owns more than 95% of Cattolica, effectively giving it a mandate to buy out the remaining shares.

Generali launched a bid in May 2021 that valued Cattolica at more than one billion euros ($1 billion), as it looked to tighten its grip on the domestic insurance market.

The company said it would pay EUR6.75 for each remaining share of Cattolica, the same price it paid for all other shares.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

July 13, 2022 01:58 ET (05:58 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Societa Cattolica Di Ass... Chart

1 Year Societa Cattolica Di Ass... Chart

1 Month Societa Cattolica Di Ass... Chart

1 Month Societa Cattolica Di Ass... Chart