Exclusive negotiations for the sale of BSI

14 May 2014 - 23:16 price sensitive

Generali enters into exclusive negotiations with BTG Pactual for the sale of BSI

Trieste - Generali has granted exclusivity to Banco BTG Pactual, a leading LatAm investment bank, global asset and wealth manager with a USD13 bn market capitalisation and over CHF100 bn Assets under Management, to conduct negotiations relating to the potential acquisition of the entire share capital of BSI. BSI is a leading Swiss private bank with a global presence and CHF90 bn of Assets under Management.

Generali will update the market on the outcome of these negotiations when required upon further developments.