|Bid||17.15 x 0|
|Ask||17.19 x 0|
|Day's range||17.08 - 17.29|
|52-week range||11.18 - 17.35|
|Beta (5Y monthly)||1.28|
|PE ratio (TTM)||15.73|
|Earnings date||18 May 2021|
|Forward dividend & yield||1.47 (8.62%)|
|Ex-dividend date||24 May 2021|
|1y target est||16.43|
Italy's biggest insurer Generali is in exclusive talks to buy assets in Malaysia belonging to French rival AXA in a deal worth around 300 million euros ($358 million), two sources said on Tuesday. The Italian insurer, which is already present in Malaysia, will discuss the deal at a board meeting on Wednesday, the sources said. Generali had been looking at a series of AXA assets in Malaysia worth around 700 million euros but the sources said it was in talks to buy the French insurer's non-life business.
German insurer Allianz is nearing a 2.5 billion euro ($2.94 billion) deal to buy Aviva's Polish unit, trumping rival bids from Italy's Generali and Dutch insurer NN, sources familiar with the matter told Reuters. Allianz is close to entering exclusive talks with Aviva and a deal could be announced as soon as Friday, the sources said, speaking on condition of anonymity. A spokesperson for Aviva confirmed the British insurer was exploring options for its Polish business.
Italian insurer Generali has nudged up its bid for Aviva's Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two sources familiar with the matter told Reuters. London-listed insurer Aviva received three binding bids on March 22 for its Polish operations, with NN submitting the highest offer, which valued the unit at about 2.5 billion euros, the sources said. German insurer Allianz and Generali - which have existing operations in Poland - were given a final chance this week to improve their bids, the sources added.