Generali Said to Be Interested in Stake in VTB Group

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Assicurazioni Generali SpA may buy about 1 percent of VTB Group, Russia’s second-largest lender, for about $300 million, said a person with knowledge of the situation.

Italy’s biggest insurer expressed its interest in buying the stock through a planned share sale of a 10 percent stake of the bank owned by the Russian government, said the person, who asked not be identified because the talks are private.