Bollore buys more Generali shares - Insurance News | InsuranceNewsNet

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May 26, 2010 Newswires
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Bollore buys more Generali shares

French financier Vincent Bollore, deputy chairman of Italian insurer Assicurazioni Generali (BIT:G), on 20 May acquired 400,000 company shares, an internal dealing filing of the Milan market operator, Borsa Italiana, showed.

Bollore purchased the stock at EUR14.33 per share or a total EUR5.7m (USD7m). The businessman made his previous buy into Generali on 19 May, when he acquired 200,000 shares.

Country: ; Italy

Sector: Insurance

Target: Assicurazioni Generali SpA

Buyer: Vincent Bollore

Deal size in USD: 7m

Type: Stakebuilding

Status: Closed

((Comments on this story may be sent to [email protected]))

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