Monday, January 23, 2017

The general is back in the viewfinder and the winged Lion flies on the Stock exchange – The Republic

MILAN fly the Lion of Trieste, in the hundred of speculation and rumors, which they see as a target of potential acquisitions by the giants in the foreign, including the French Axa or germany’s Allianz, or of the Italian groups such as Intesa Sanpaolo, which would have put the eyes on the General, and would have bridges to detect part of the activities of the group.
And the rumors raised by the press over the weekend and from Business & Finance, is accompanied with a next exit of the director-general, Alberto Minali, the former cfo of the era of Marco Greco, which would be to leave the powers entirely in the hands of Philippe Donnet. Neither Axa or Allianz, nor Understood have wanted to comment on the rumors, which will see them all in various ways interested in the General. In this regard, the financial advisors and legal is reportedly already at work, will have to see what Mediobanca (shareholder, with 13%), Caltagirone (3.5%), and Old (3%) have in mind to enhance their participation. The fact is that on the market the hypothesis of a possible ascent to the group of Trieste takes consistency, so much so that the actions in the opening are arrived to earn up to 7%, without being able to do the price. Follow the live quotes

The first analysts who comment on the hypothesis do not prove to be too convinced of the feasibility of the operation. “The indiscretion, it hardly seems likely and the plan hardly feasible in view of the complexity of integrating two entirely different networks, without considering any of the constraints of antitrust in the domestic market,” is the comment of Equita sim. “We are skeptical on these rumors of print data to the high risks related to the merger of activities in different sectors and with a limited potential for creation of value according to our vision”, is the assessment of the analysts of Banca Akros.

Topics:
bag
climbing
insurance
Starring:
Gnerali
Alberto Minali
Philippe Donnet
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