Generali completes the disposal of Fata Danni to Cattolica

11 June 2014 - 12:18 price sensitive

Trieste. Generali announces that the 100% disposal of Fata Assicurazioni Danni to Cattolica was finalised today, in line with the agreement of the 20th November 2013.                                                       

The price adjustment procedure led to a transaction worth a total of €194.7 million before taxes, thus allowing the Generali Group to further strengthen its cash and capital position and to improve the Solvency I ratio by 0.7%.