Unipol Eyes FonSAI's Share Rights for Up to 4.9% of Capital
August 29 2012 - 7:08PM
Dow Jones News
Italian insurer Unipol Gruppo Finanziario SpA (UNI.MI) said
Wednesday it is interested in buying the share rights that weren't
subscribed during the EUR1.1 billion capital increase of its peer
Fondiaria-SAI SpA (FSA.MI), for up to 4.9% of FonSAI's capital.
Unipol took over holding company Premafin Finanziaria SpA
Holding di Partecipazioni (PF.MI) in July after it underwrote a
EUR400 million capital increase. As a result of this transaction,
Unipol acquired control of insurers FonSAI and Milano Assicurazioni
SpA (MI.MI).
Exchange Web Site: www.borsaitaliana.it
Write to Enza Tedesco at enza.tedesco@dowjones.com
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