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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Generali Ass | BIT:G | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.19 | -0.82% | 23.01 | 23.00 | 23.28 | 23.28 | 23.00 | 23.25 | 2,932,796 | 17:00:00 |
From May 2022 to May 2024
By Ed Frankl
Assicurazioni Generali SpA said late Wednesday that the Italian market watchdog set a price for the country's largest insurer to buy remaining shares it doesn't yet own in takeover target Cattolica Assicurazioni SC.
The regulator, Consob, set the purchase price at 6.75 euros ($6.87) a share, the same price as Generali's bid offer, which launched last year.
The maximum amount Generali would pay should all remaining shares of Cattolica be tendered is EUR84.7 million, the Trieste-based insurer said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
July 07, 2022 02:11 ET (06:11 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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