Generali has strategic value for Intesa
A tie-up between Generali and Intesa Sanpaolo may be plagued by
potential antitrust and regulatory issues, but a takeover is
financially achievable and makes strategic sense for the Italian
lender, according to analysts.
The Italian
bank confirmed it was evaluating "possible industrial
combinations" with Generali following reports last week.
In a statement on 24 January, Intesa said it was exploring
growth options in the planned savings sector, private banking and
insurance industries, as well a
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