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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 2019 to May 2024
By Pietro Lombardi
Assicurazioni Generali SpA (G.MI) has finalized the deal to increase its stakes in India's Future Generali insurance joint ventures to 49% from 25.5%, it said Monday.
"Through this transaction Generali has committed up to approximately 120 million euros ($137.3 million) to the partnership," the insurance giant said.
The deal was announced on June 26.
"The new Generali strategy is focusing on high potential insurance markets: India will play a significant role in our expansion plan in Asia," the company's CEO International, Jaime Anchustegui Melgarejo, said in a statement.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
December 31, 2018 08:43 ET (13:43 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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