March 4, 2019 / 9:34 AM / 16 days ago

Benetton's holding has 4 pct stake in Generali, aims to reach 5 pct - sources

MILAN, March 4 (Reuters) - Edizione, the holding company of Italy’s Benetton family, has increased its stake in Generali to just over 4 pct, two sources close to the matter said, adding Edizione aimed to increase its shareholding to 5 percent over time. The stake is a “financial investment with a long-term horizon”, one of the sources said, confirming a report in Il Sole 24 Ore daily on Saturday. (Reporting by Gianluca Semeraro and Francesca Landini; writing by Francesca Landini)

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