Generali responds to stock market request on PPF
In response to a request by Consob Italy’s stock market regulator, insurance group Assicurazioni Generali has issued a statement detailing the terms of its deal with Czech-based financial business PPF Group.
The statement follows developments last week where it was revealed Generali deputy chairman Vincent Bollore refused to sign off the company’s 2010 accounts, citing the need for greater transparency.
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