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Generali stock gains 8.2%

Intesa falls 4.4%

Redazione Ansa

(ANSA) - Milan, January 24 - 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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