Generali plans to sell 3 Latin American units: Reuters
Generali reportedly has put three of its Latin American
subsidiaries up for sale as the Italian insurance giant seeks to
streamline its operations as part of a wider efficiency drive.
The insurer has appointed investment bank Rothschild to sell its
Colombian, Ecuadorian and Panamanian subsidiaries, Reuters
reported, citing sources it didn't name.
The insurer recently fended off Italian bank Intesa Sanpaolo, which
dropped its pursuit after being met with resistance from Generali.
While the lender
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