UPDATE 1-Generali to buy 40 pct Europ Assistance from Fiat

Newswire

(Updates with details, background) MILAN, Sept 30 (Reuters) - Italian insurer Generali has agreed to buy the remainder of Europ Assistance Holding for 124 million euros from loss-making Fiat as the automaker sells assets to cut debt, the groups said on Monday. Fiat will realise a gain of at least 80 million euros on the sale, the latest in a series, of its 40 percent stake in the roadside medical assistance company to Generali , which already holds 60 percent, the two groups said in a ...

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