--Italian insurer Generali is considering two or three small U.S. asset managers as takeover targets, MF-Milano Finanza reports, citing unnamed sources.
--Generali is evaluating businesses that are smaller than Conning, the U.S. investment manager whose acquisition it completed in April, according to MF . New York-based Mgg Investment Group was named as one of the potential targets.
-- Woody Bradford, who leads the Generali Investments, is personally involved in the process, MF reports.
Full story in Italian: https://tinyurl.com/4pvzpdmk
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
December 06, 2024 04:22 ET (09:22 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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