Cattolica News
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Generali Raises Projected Profit Boost From Purchase of Cattolica
Dec 13 2022 // Italy’s biggest insurer Generali on Tuesday raised the projected boost to its earnings from last year’s purchase of smaller rival Cattolica, and ruled out negative impacts from new accounting...
Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership
Nov 1 2021 // Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. On the last day of Generali’s...
Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer
Oct 22 2021 // MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. The move brings Italy’s top...
Italian Insurer Cattolica Says Its Board Views Generali Takeover Offer as Fair
Sep 29 2021 // Italian insurer Cattolica said on Tuesday that its board considers that bigger rival Generali’s takeover offer for it is at a fair price. Generali, Italy’s largest insurer, earlier in May said it would launch a...
Italian Insurer Cattolica Delays €200M Cash Call due to Generali’s Recent Takeover Offer
Jun 8 2021 // MILAN – Italian insurer Cattolica said on Monday it had decided to delay a planned 200 million euro ($244 million) cash call to give its shareholders the chance to take up a buyout offer by bigger peer Assicurazioni...
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