Generali investor Fondazione CRT says investment in insurer is “strategic”

Published: May 18, 2022, 17:07 UTC1min read
MILAN (Reuters) – Generali investor Fondazione CRT ruled out on Wednesday the possible sale of its 1.7% stake in Italy’s largest insurer.
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MILAN (Reuters) – Generali investor Fondazione CRT ruled out on Wednesday the possible sale of its 1.7% stake in Italy’s largest insurer.

“Assicurazioni Generali is and will continue to be a strategic investment for Fondazione CRT,” it said in a statement. “Therefore, the assumption of selling, even partially, the current 1.72% holding is, as things stand, groundless.”

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(Reporting by Maria Pia Quaglia, editing by Cristina Carlevaro)

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