AIG is rumoured to be lining up a bid for Italian insurer Generali...
Generali is once again at the centre of acquisition speculation, with AIG now reported to be heading up a pack of prospective bidders for the Italian insurance giant.
Shares in Generali rose over 3% yesterday amid rumours that AIG is to make a bid. Other groups which have been linked to the insurer include Aviva, which has been cited for a possible merger with the company for some months.
Generali has consistently denied any knowledge of potential bids or merger offers.
Read also...
Generali will not bid for a UK insurer
Bid rumour lifts Aviva>
