Del Vecchio has no plans for tie-up between Generali and AXA or Zurich – source
Leonardo Del Vecchio has no
intention of steering Generali towards a cross-border merger
with rivals AXA or Zurich as he seeks regulatory approval to
double his stake in the Italian insurer’s top investor
Mediobanca, a source close to Del Vecchio said.
intention of steering Generali towards a cross-border merger
with rivals AXA or Zurich as he seeks regulatory approval to
double his stake in the Italian insurer’s top investor
Mediobanca, a source close to Del Vecchio said.
Posted by Reuters
