Generali Open to MPS Bid for Banca Generali
Generali has expressed openness to the unsolicited MPS takeover bid for Banca Generali. The insurer says it will evaluate the proposal and potential industrial collaboration.
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GENERALI signaled openness on Thursday afternoon to a €34 billion ($40 billion) buyout bid for BANCA GENERALI SPA from BANCA MONTE DEI PASCHI SIENA. The move marks the first sign of support from key stakeholders for the unsolicited offer.
