Generali, PPF sign JV deal, operational by yr-end

10.07.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

MILAN, July 10 (Reuters) - Italian insurer Generali said on Tuesday it had signed a final agreement with the PPF Group to create a joint...

...venture which it said would be the sector leader in central and eastern Europe.

"Generali PPF Holding intends to begin operations by the end of the year (subject to regulatory approval)," it said in a joint statement.

Generali and PPF will transfer their insurance assets to the venture, which will control Czech insurer Ceska Pojistovna.

Keywords: GENERALI PPF/

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