December 16, 2016 / 10:07 AM / in a year

Generali does not plan to leave France - source

MILAN, Dec 16 (Reuters) - Italy’s biggest insurer Assicurazioni Generali does not intend to sell its French assets, a source close to the situation said on Friday.

A report by Bloomberg on Friday said Germany’s Allianz SE was in discussions with Generali as it weighed a bid for the company’s French operations.

“Generali does not plan to leave France,” the source said.

Generali declined to comment. (Reporting by Gianluca Semeraro, editing by Paola Arosio)

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