Home » Cattolica, Buffett joins the takeover bid. Generali exceeds 40%

Cattolica, Buffett joins the takeover bid. Generali exceeds 40%

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Warren Buffett has joined the takeover bid for Cattolica Ass. As reported by Radiocor, the Oracle of Omaha has delivered its package of securities to the offer promoted by the Lion of Trieste on the Verona company. In particular, it would have made available about 6.9% of the insurance group. This means that, thanks to what has already been delivered (in fact, the package of treasury shares in the hands of Cattolica), Generali has exceeded the threshold of 40% of the capital. More in detail being …

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