Generali finalizes the sale of TUA Assicurazioni to Allianz
Generali has completed the sale of its Milan-based non-life insurance subsidiary TUA Assicurazioni to the German Allianz group.
The operation has a positive impact of approximately 50 million EUR (54.2 million USD) on the Italian insurer's net results.
For the record, Generali and Allianz signed an agreement in October 2023 for a deal valued at 280 million EUR (303.5 million USD).
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Tue, 05/03/2024 - 16:34
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