UniCredit set to raise its stake in Generali close to 10%, paper says

MILAN (Reuters) – Italian lender UniCredit is set to raise its stake in insurer Generali close to 10% ahead of the bank’s shareholders meeting, Italian daily Il Sole 24 ore reported on Wednesday citing unnamed sources.

UniCredit held a 5.229% share in Generali as of February 10, according to market watch Consob.

(Reporting by Sara Rossi, editing by Cristina Carlervaro)

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