UniCredit (UNCRY) has built a stake of less than 4% in Assicurazioni Generali (ARZGY), Sonia Sirletti and Tiago Alfaro of Bloomberg reports, citing people familiar with the matter. The lender built the position in Generali over time and the rational for the operation would be financial, not strategic, Bloomberg’s sources added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARZGY:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue