Italian Assicurazioni Generali for financial services has completed the acquisition of 70 percent of stakes in the AXA-Affin …
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Assicurazioni Generali
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Italy’s second-largest bank, Intesa Sanpaolo SpA announced Friday evening that it has decided against launching a takeover …
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Banks
Intesa Sanpaolo may launch 12 billion euro cap hike in bid for Generali
by Noha Gadby Noha GadItaly’s Intesa Sanpaolo (ISP.MI) could launch a 12 billion euro ($13 billion) capital increase reserved to Assicurazioni …
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Financial Institutions
Egypt Eyes Assicurazioni’s Contribution to its First National Reinsurance Firm
by Yomna Yasserby Yomna YasserEgypt plans to make the largest insurance company in Italy among the contributors to its first national …
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As Telecom Italia SpA (TIT)’s financial investors prepare to cut off funding, the future of the phone company …
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Egyptian billionaire Naguib Sawiris has been circling the Italian telecoms market in recent months, and fresh reports …
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Most European stocks advanced, after the benchmark Stoxx Europe 600 Index yesterday dropped the most in 10 …
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Tech news
Egypt’s Sawiris Eying Brazil’s GVT In T. Italia Bid-Reports
by Yomna Yasserby Yomna YasserThe Egyptian tycoon Naguib Sawiris has offered to buy a stake in Telecom Italia with a view …
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Egyptian billionaire Naguib Sawiris, founder of Orascom Telecom Holding SAE (ORTE.CA), offered to acquire shares in Telecom Italia SpA …