Insurer Generali to buy rival Toro for $4.82 billion
Article Abstract:
Assicurazioni Generali S.p.A. of Italy is to acquire Toro Assicurazioni S.p.A. also of Italy for approximately 3.85 billion Euros ($4.82 billion). The insurer is consolidating its position in Italy and looking for growth markets in Eastern and Central Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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France's BNP to buy U.S. lender
Article Abstract:
BNP Paribas S.A. of France is to acquire the mortgage lender, Commercial Federal Corp. of the United States for $1.36 billion. The financial trend in European banks is to consolidate through acquisitions to increase revenue.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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