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Trending
The share price of Italian
insurer Generali gained 8.2% in heavy trading Tuesday. On
Monday Generali said that it had acquired around 3% in Intesa
Sanpaolo, which was seen as a defensive move to prevent the bank
buying a major stake in it. Media had reported that Intesa had
its sights on Generali, possibly in view of a deal with German
insurer Allianz. Intesa fell 4.4% Tuesday.
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