Intesa remains coy on Generali takeover reports

Italian bank Intesa Sanpaolo has said its mooted takeover of
Generali remains a "case study" among the firm's
other ongoing assessments.
In a statement this morning prior to the release of the
bank's results it reiterated its stance from 24 January that it
was assessing "possible combinations".
The statement followed a sharp hike in Generali shares
yesterday, which rose almost 5 percent to EUR15.44 amid speculation
over an imminent cash and shares bid by Intesa, before the stock
retreated to...