UniCredit Said to Grow Generali Stake to Shape Potential Deals

UniCredit SpA’s decision to expand its stake in Assicurazioni Generali SpA is meant to support its commercial ties and strengthen the bank’s hand in any potential deals involving the insurer...

By Sonia Sirletti · Bloomberg

UniCredit SpA’s decision to expand its stake in Assicurazioni Generali SpA is meant to support its commercial ties and strengthen the bank’s hand in any potential deals involving the insurer pursued by other players, according to people familiar with the matter.