Generali takes control of Germany’s second-largest insurer
The Generali Group has struck a deal to purchase a minority stake in Generali Deutschland, taking it beyond a 95% holding and triggering a full buy out.
The group will acquire a 3% stake for a total consideration of €171m to pass the 95% threshold, and plans to exercise its right to purchase all remain shares.
The Generali Deutschland was Germany's
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