Generali will consider further buys of small-to-medium asset management companies (translated)
08 SEP 2018
Generali [BIT:G], the Italian insurance group, will consider further buys of small-to-medium asset management buys, Italian language daily Il Messaggero reported. The report cited Generali head Philippe Donnet who said that the group would consider buys similar to the recent acquisition of Sycomore, the French asset management group.
Previous reports have estimated the value of Sycomore at over EUR 200m.