Generali completes sale of operations in Belgium
02 January 2019
Trieste - Assicurazioni Generali SpA announces the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. in line with the terms already announced to the market on April 18, 2018.
The transaction was part of the Group’s overall strategy to optimize its geographical footprint and to improve its operational efficiency and capital allocation.
After the sale of Generali Belgium, Generali will remain present in Belgium continuing to provide its Global Business Lines and Europ Assistance insurance and assistance solutions.