Wealth and Asset Management
Italian private bank Banca Generali bids for broker Intermonte
Italian private bank Banca Generali (BIT:GASI) on Monday said it was launching a 98 million euro ($109 mln) all-cash buyout bid for Intermonte, to take the Milanese broker private and direct its services at Banca Generali clients. Shares in Intermonte failed to start trading at the market open, and were…
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