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Generali interested in acquisition in US, English-speaking country - CEO


Published : Tue, 08 Jan 2008 08:28
By : Agencies
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MILAN (Thomson Financial) - Assicurazioni Generali SpA CEO Giovanni Perissinotto said the group is interested in carrying out an acquisition in the US and in English-speaking countries in general.

In an interview with daily Il Corriere della Sera, Perissinotto said the group is monitoring those markets closely and could move to seize earnings-enhancing opportunities.

'Some opportunities exist,' he said, noting Generali has 3 bln eur in excess capital and could also also raise debt to fund a transaction.

philip.webster@thomson.com

pw/ms1

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