Italy's Generali sells entire Pirelli stake

Newswire

MILAN, Dec 23 (Reuters) - Assicurazioni Generali has sold its entire 4.8 percnet stake in tyre maker Pirelli , as the company carries on with asset disposals to focus on its core insurance business. According to a filing on Monday by Italy's market watchdog, Generali reduced its stake, worth around 280 million euros ($380 million) at current market prices, to zero on Dec. 16. Harbor International Fund, a fund managed by U.S. investment management firm Northern ...

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