Società Cattolica di Assicurazione S.p.A.

CASS

IT0000784154

Società Cattolica di Assicurazione Società Cooperativa : Cattolica deems fair price of Generali's buyout bid-source

September 28, 2021 at 12:54 pm EDT

MILAN, Sept 28 (Reuters) - The board of Italian insurer Cattolica has deemed fair, at a meeting on Tuesday, the price offered by bigger rival Generali in its buyout offer, a source with knowledge of the matter told Reuters. (Reporting by Andrea Mandala; editing by Valentina Za)

Latest news about Società Cattolica di Assicurazione S.p.A.

Banco BPM S.p.A. completed the acquisition of Vera Vita S.p.A. and Vera Assicurazioni S.p.A. from Società Cattolica di Assicurazione S.p.A. for ?390 million.	Dec. 14	CI
Banco BPM S.p.A. agreed to acquire Vera Vita S.p.A. and Vera Assicurazioni S.p.A. from Società Cattolica di Assicurazione S.p.A.	23-05-28	CI
Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of remaining 5.5% stake in Societa Cattolica di Assicurazione S.p.A.	22-08-09	CI
Società Cattolica di Assicurazione S.p.A.(BIT:CASS) dropped from S&P Global BMI Index	22-07-18	CI
Italy's Generali to Buy Remaining Cattolica Shares	22-07-12	DJ
Generali Gets Price From Regulator for Purchase of Remaining Cattolica Shares	22-07-07	DJ
Generali to buy remaining Cattolica shares at 6.75 euros each	22-07-06	RE
Assicurazioni Generali S.p.A. (BIT:G) made an offer to acquire remaining 5.5 % stake in Societa Cattolica di Assicurazione S.p.A. for Ã‡84.7 million	22-07-05	CI
Italy's market watchdog fines Cattolica, former execs in governance controversy	22-06-14	RE
Generali Acquires Additional $113 Million Stake In Cattolica	22-05-24	MT
Generali lifts Cattolica stake to 91.5%	22-05-24	RE
Transcript : Società Cattolica di Assicurazione - Società Cooperativa, 2021 Earnings Call, Mar 15, 2022	22-03-15
Società Cattolica di Assicurazione S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-13	CI
Italy's Generali CEO bets on buyback, bold profit goals to keep job	21-12-15	RE
Cattolica Asks Regulator To Cancel Second Tranche Of Capital Increase	21-12-06	MT
Transcript : Società Cattolica di Assicurazione - Società Cooperativa, Q3 2021 Earnings Call, Nov 17, 2021	21-11-17
Generali Now Controls 84% of Takeover Target Cattolica	21-11-04	DJ
Generali Completes Takeover Offer for Cattolica Assicurazioni	21-11-04	MT
Generali Says It Holds 84.5% Stake in Cattolica	21-11-01	DJ
Generali seals Cattolica deal to boost Italian market lead	21-10-29	RE
Correction to Generali Article	21-10-29	DJ
Generali Crosses Threshold in Cattolica Takeover Bid	21-10-29	DJ
Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of an additional 69.32% stake in Società Cattolica di Assicurazione - Società Cooperativa from Berkshire Hathaway Inc. (NYSE:BRK.A) and others for approximately €940 million.	21-10-28	CI
Generali Achieves Minimum Threshold for Cattolica Offer, Source Says	21-10-28	DJ
Italy's Generali secures majority of Cattolica's capital in buyout offer	21-10-28	RE

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Company Profile

Societa Cattolica di Assicurazione Sc is an Italy-based company primarily engaged in financial sector. It provides insurance products. The Company's activities are divided into three segments: Life, Non-Life and Other. It is active in the underwriting of life and non-life insurance, offering a range of insurance products and services to individual costumers and companies. The Company's portfolio includes various types of insurance, such as life, accident, health, land vehicle, fire and natural forces, credit, surety, financial losses and legal protection, as well as pension funds, among others. The Other activities include the agricultural-real estate services of Cattolica Agricola and Cattolica Beni Immobili and the operating services of Cattolica Services and Cattolica Immobiliare, instrumental in the performance of the Company's activities. On June 11, 2014, the Company bought a 100% stake in Fata Assicurazioni Danni SpA from Assicurazioni Generali SpA.

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Life & Health Insurance

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