Three bidders shortlisted in Generali Dutch arm sale: report
Generali has selected Vivat, ASR and Reinsurance Group of
America to proceed to the next round in the auction for its
Netherlands operation, according to reports.
Italian newspaper Milano Finanza broke the news
yesterday, adding that binding offers were expected to be delivered
next month.
Generali hired BNP Paribas to run the process in March this
year, as the Italian insurance giant seeks to streamline its
operations.
The carrier also reportedly putthree of its Latin American subsidiaries up f
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