Tuesday, 8 January 2013

Generali Insurer will buy Czech group PPF

Generali Insurer will buy Czech group PPF : Italy's largest insurer Generali (GASI.MI) said on Tuesday it will buy out the rest of an eastern European joint venture it holds with Czech group PPF for 2.5 billion euros ($3.3 billion), increasing its exposure to the fast-growing region.It is the first major deal struck by Generali's new chief executive, Mario Greco, who was appointed in August to

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