Insurance Post

Unipol to sell Generali stake by end of 2012

Carlo Cimbri

Italian insurer Unipol will sell its stake in rival Generali by the end of 2012, chief executive Carlo Cimbri told analysts on a conference call last week.

The sale of stakes in Generali and Italian investment bank Mediobanca were mandated by Italy's anti-trust regulator as conditions of Unipol's merger with the beleaguered Fondiaria-Sai.

The newly

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