business

Generali Acquires Stakes in Corporate Commercial Bank

Assicurazioni Generali SpA, an Italian insurer, bought minority stakes in Bulgarian lender Corporate Commercial Bank AD for an undisclosed price, the Sofia-based bank said on its website.

Generali conducted the transactions through its units Fata Assicurazioni Danni SpA and Fata Vita SpA, the bank said.

(Corrects spelling of Assicurazioni in second paragraph.)
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