Intesa Said to Consider All-Stock Generali Takeover Bid

Generali, Italy's largest insurer, disclosed a 3% stake in Intesa, Italy's second-largest bank, likely as a defensive move against Intesa acquiring more than 3% of Generali. A joint bid by Intesa and Allianz is speculated, with Intesa interested in Generali's asset management business. Market speculation has affected Generali's share price, with AXA also mentioned as a potential interested party.

What recent move did Generali Italy disclose regarding its stake in bank Intesa?

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What are the implications of Italy's cross shareholding rules for Intesa's potential stake in Generali?

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Why might Intesa be interested in acquiring Generali?

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How has the market reacted to the speculation surrounding Generali's share price?

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What strategies is ACSA reportedly pursuing in light of the recent rumors about Generali?

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