Advertisement
UK markets close in 41 minutes

  • FTSE 100

    8,209.21
    +5.28 (+0.06%)
     

  • FTSE 250

    20,754.79
    -31.86 (-0.15%)
     

  • AIM

    774.31
    -0.08 (-0.01%)
     

  • GBP/EUR

    1.1847
    +0.0028 (+0.24%)
     

  • GBP/USD

    1.2838
    +0.0025 (+0.20%)
     

  • Bitcoin GBP

    43,865.54
    -314.19 (-0.71%)
     

  • CMC Crypto 200

    1,186.16
    +20.05 (+1.71%)
     

  • S&P 500

    5,571.85
    +4.66 (+0.08%)
     

  • DOW

    39,539.61
    +163.74 (+0.42%)
     

  • CRUDE OIL

    82.72
    -0.44 (-0.53%)
     

  • GOLD FUTURES

    2,384.40
    -13.30 (-0.55%)
     

  • NIKKEI 225

    40,780.70
    -131.67 (-0.32%)
     

  • HANG SENG

    17,524.06
    -275.55 (-1.55%)
     

  • DAX

    18,500.26
    +24.81 (+0.13%)
     

  • CAC 40

    7,655.53
    -20.09 (-0.26%)
     
Stocks:

Trending tickers: TSMC, Boeing, Paramount and Ocado

The latest investor updates on stocks that are trending on Monday

Generali to sell TUA Assicurazioni to Allianz in $295 million deal

Reuters
Logo of insurance company Generali is seen on the company headquarters in Budapest

(Reuters) - Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in cash.

Mediobanca, Banca di Credito Finanziario and Rothschild & Co acted as financial advisors for the deal, the company said.

TUA offers policies covering areas such as motoring, home and health and was acquired by Generali as part of its deal to buy smaller rival Cattolica two years ago.

($1 = 0.9489 euros)

(Reporting by Akanksha Khushi in Bengaluru; Editing by Shailesh Kuber)