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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Global Industrial Company | NYSE:GIC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.365 | 1.09% | 33.985 | 34.15 | 33.395 | 33.77 | 13,202 | 19:03:16 |
Italian insurer Assicurazioni Generali SpA (G.MI) will likely receive expressions of interest for two divisions it has put up for sale, including Generali USA Life Reassurance Company and BSI SA, according to a report in Italian daily Il Messaggero Friday.
Generali is likely to receive an expression of interest from Germany's Munich RE (MUV2.XE) for its U.S. division, Generali USA Life Reassurance, the report says without identifying its sources.
Its Swiss division, BSI SA, meanwhile, has generated interest from two Singapore sovereign wealth funds, Government of Singapore Investment Corp. and Temasek, it says.
Generali's advisors are busy working to get formal expressions of interest from these parties, it adds.
Based in Trieste, Italy, Generali wasn't immediately available for comment.
Newspaper website: www.ilmessaggero.it
Write to Gilles Castonguay at gilles.castonguay@dowjones.com; Twitter: @GRCastonguay
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Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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