Cathay Financial Holding Co., Ltd. (2882.TW)
Taiwan - Taiwan Delayed price. Currency in TWD
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At close: 01:30PM CST
| Previous close | 58.10 |
| Open | 58.60 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 57.50 - 58.60 |
| 52-week range | 42.05 - 59.70 |
| Volume | |
| Avg. volume | 29,643,411 |
| Market cap | 853.747B |
| Beta (5Y monthly) | 0.63 |
| PE ratio (TTM) | 10.86 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.90 (1.55%) |
| Ex-dividend date | 28 Jun 2023 |
| 1y target est | N/A |
- Reuters
Generali buys U.S. asset manager Conning under deal with Cathay Life
Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan's Cathay Financial Holding, the Italian insurer said on Thursday. The deal, structured as an exchange of assets without a cash consideration, realises Generali CEO Philippe Donnet's ambition of expanding into the asset management sector in the United States. Under its current three-year plan, Generali had been seeking acquisition targets in insurance and asset management, earmarking up to 3 billion euros ($3.25 billion) for M&A transactions and citing possible deals in Europe, Asia and the United States.
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