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Italy's De Agostini says Generali investment is financial, not strategic


Published : Wed, 10 Jan 2007 12:10
By : Agencies
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MILAN (AFX) - Italy's De Agostini SpA's recently acquired 2 pct stake in Assicurazioni Generali SpA was bought for financial and not strategic reasons, said De Agostini's chief executive Lorenzo Pellicioli.

'The investment is medium term, about three years,' he said.

nigel.tutt@afxnews.com

nt/sj/har

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