Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.90 - 17.90|
|52 Week Range||12.00 - 18.90|
|PE Ratio (TTM)||11.40|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
FRANKFURT/LONDON, Sept 1 (Reuters) - European insurers Allianz and Baloise Holding and London-based buyout fund Cinven are finalising rival offers for Generali's Belgian unit ahead of a Sept. 8 deadline, sources told Reuters. The deal could value the business at up to 500 million euros ($595 million) in what would be the Italian insurer's biggest divestment in its latest reorganisation. Generali, Europe's third-biggest insurer, wants to wrap up the auction by mid-September finding a new owner for a business that provides anything from life insurance to car cover to a network of about 530,000 retail and corporate clients.
Categories: Yahoo FinanceGet free summary analysis Assicurazioni Generali SpA reports financial results for the half-year ended June 30, 2017. We analyze the earnings along side the following peers of Assicurazioni Generali SpA – Navigators Group, Inc., MGIC Investment Corporation and Porto Seguro S.A. (NAVG-US, MTG-US and PSSA3-BR) that have also reported for this period. Highlights Summary numbers: ... Read more (Read more...)
Italy's biggest insurer, Generali, reported better-than-expected earnings on Wednesday, supported by an uptick in performance from its non-life business.