Generali, Natixis Deal Could Come Soon -- Market Talk

Dow Jones
Jan 13, 2025

1455 GMT - Assicurazioni Generali could agree on a deal with Natixis before the Italian insurer's investor day at the end of the month, Equita says in a research note. Italian newspaper Il Sole 24 Ore reported that Generali is continuing to work on a partnership under which a new structure would be created to merge the assets of Generali Investments Holding and Natixis Investment managers. This follows reports of early stage talks in November. "In light of the sensitivity of the subject matter involving Italian asset management, it is not surprising that the government may decide to activate the Golden Power procedure, in order to analyze the transaction and decide whether specific limitations are necessary," analyst Andrea Lisi writes. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

January 13, 2025 09:55 ET (14:55 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10