Generali set to become one of Europe’s biggest asset managers through US-based Conning acquisition
The TRADE
JULY 7, 2023
Cathay Life is expected to own a minority share of 16.75% of the share capital of Generali Investments Holding at closing, subject to customary closing adjustments. As a client and shareholder since 2011, Cathay has enjoyed a long and successful partnership with Conning,” said Hong-Tu Tsai, chairman of Cathay Financial Holdings. “We
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