Generali is said to weigh takeover of Guggenheim asset management unit for $4B

Oct. 21, 2022 3:44 PM ETAssicurazioni Generali S.p.A. (ARZGY), ARZGFDXYBy: Max Gottlich, SA News Editor

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Maksim Labkouski

  • Assicurazioni Generali (OTCPK:ARZGF) (OTCPK:ARZGY), the biggest insurer in Italy, is progressing in its discussions to buy the asset management business of U.S.-based Guggenheim Partners, in a deal that could be valued at as much as $4B,

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