Reuters logo
Intesa Sanpaolo shelves tie-up plan with Assicurazioni Generali
February 24, 2017 / 6:31 PM / 9 months ago

Intesa Sanpaolo shelves tie-up plan with Assicurazioni Generali

MILAN, Feb 24 (Reuters) - Italian biggest retail bank Intesa Sanpaolo said on Friday it dropped a potential tie-up plan with Assicurazioni Generali as it did not see it as a way to create value for its shareholders.

The bank pledged to continue to generate and distribute value for its investors “organically”, following its 2014-2017 business plan.

Reporting by Francesca Landini, editing by Steve Scherer

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below