05-02-2017 14:52 via news.yahoo.com

Generali to hold meeting on Monday on Intesa stake: source

Italy's top insurer Generali will hold a meeting on Monday to discuss the 3 percent stake it bought in Intesa Sanpaolo in January to fend off unwanted interest from the bank, a person familiar with the matter said on Sunday. Generali's investment committee is due to meet on Monday to discuss ways of maintaining the stake but on more favorable terms, the person said, confirming a report in Sunday's Il Sole 24 Ore. In January Generali, whose biggest investor is influential investment bank Medioban
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