SocGen Not Targeting Strategic Position in Generali
March 15 2019 - 7:10AM
Dow Jones News
By Pietro Lombardi
Societe Generale SA (GLE.FR) said Friday that its holdings in
Assicurazioni Generali SpA (G.MI) reported in a regulatory filing
aren't related to any strategic position in the Italian
insurer.
"These flows result from classic transactions linked to the
hedging of operations carried out in the framework of market
activities," the French bank said.
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(END) Dow Jones Newswires
March 15, 2019 06:55 ET (10:55 GMT)
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