Articles by Valentina Za and Emilio Parodi

Cinven Buys Back Eurovita Bonds to Help Avoid Messy Liquidation of Its Insurer: Source

Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer Eurovita and is open to supporting other measures to avoid a messy liquidation of the Italian company, a person with …

Italy Prosecutors Probe False Accounting Allegations Related to Insurer Eurovita: Source

Prosecutors in Milan are probing allegations of false accounting in relation to the crisis of Italian life insurer Eurovita, a person with knowledge of the matter said on Friday. Owned by Cinven, Eurovita this year became the first Italian insurer …

Former Atlantia Execs Face Trial over 2018’s Fatal Genoa Bridge Collapse: Sources

Italian prosecutors investigating the deadly collapse of a bridge in 2018 have asked for 59 people, including former Atlantia CEO Giovanni Castellucci, to be sent for trial, two judicial sources told Reuters. The road bridge, operated by Atlantia’s motorway unit …

COVID-19 Signals Billions in Long-Term Healthcare Costs Ahead

Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again. Her throat, head and eyes hurt, her muscles and joints ached and she felt like she …

Italian Freight Forwarders Eye Lawsuit After Deadly Genoa Bridge Collapse: Reuters

Italian freight forwarders who say their business has been affected by a deadly bridge collapse in Genoa are taking legal advice and considering whether to sue toll-road operator Atlantia if the group is found responsible. The government has blamed an …