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Cattolica Assicurazioni to Buy Stake in Intermonte Sim

Sept. 9 (Bloomberg) -- Insurer Cattolica Assicurazioni SpA said it will buy a 11.75 percent stake in Italian broker Intermonte Sim. Cattolica said in a stock-exchange statement late yesterday that Intermonte’s management will maintain a 70 percent stake in the firm.

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To contact the editor responsible for this story: Dan Liefgreen at dliefgreen@bloomberg.net

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