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Generali responds to transparency comments

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Following comments made by its board member Vincent Bolloré, Generali has issued a statement affirming "its conduct has always been grounded upon extreme transparency towards the market and all the shareholders, respecting the content, manner, timing and powers of the managing directors and of the various bodies in charge of the company’s governance".

Post understands that reports say vice-chairman Mr Bolloré, abstained on a vote of Generali results after asking for clarifications on the insurer's east European venture with the Czech PPF group.

He

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