Società Cattolica di Assicurazione S.p.A. (0OMB.IL)
| Previous close | 6.73 |
| Open | 6.73 |
| Bid | 6.57 x 0 |
| Ask | 6.90 x 0 |
| Day's range | 6.73 - 6.73 |
| 52-week range | 5.14 - 7.19 |
| Volume | |
| Avg. volume | 16,301 |
| Market cap | 1.538B |
| Beta (5Y monthly) | 1.46 |
| PE ratio (TTM) | 15.99 |
| EPS (TTM) | 0.42 |
| Earnings date | N/A |
| Forward dividend & yield | 0.15 (2.24%) |
| Ex-dividend date | 23 May 2022 |
| 1y target est | N/A |
- Reuters
Generali lifts Cattolica stake to 91.5%
Italy's top insurer Generali has raised its stake in smaller rival Cattolica Assicurazioni to 91.5% after a reverse accelerated book-building (RABB) procedure, it said on Tuesday. Generali paid around 105.3 million euros ($112.91 million) to buy further 15,604,182 Cattolica's shares - or around 6.8% of its capital - at a price of 6.75 euro each, it added. Last October Generali sealed its 1.17 billion euro takeover of the smaller rival in a move aimed at cementing its domestic market leadership.
- Reuters
Generali closer to controlling Cattolica after Buffett tenders shares - source
Warren Buffett's Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. The move brings Italy's top insurer a step closer to controlling its smaller rival after Generali announced a 1.17 billion euro ($1.36 billion) buyout offer on Cattolica in May to further strengthen its domestic market leadership. The Trieste-based company became Cattolica's single largest shareholder with a 23.7% stake last year, relegating Berkshire Hathaway to second place when excluding the 12.3% held by Cattolica itself.
