Generali sells BSI to BTG Pactual for 1. 5bln Swiss francs

(AGI) Milan, July 14 - Italian insurer Generali approved thesale of its entire stake in BSI to BTG Pactual for 1.5 billionSwiss francs, or roughly 1.24 billion euros, the company wrotein a note on Monday. Thanks to the transaction, which is due tobe finalised within the first semester of 2015, the Generali"Lion" expects to increase its Solvency 1 index byapproximately 9 percentage points. . .

(AGI) Milan, July 14 - Italian insurer Generali approved thesale of its entire stake in BSI to BTG Pactual for 1.5 billionSwiss francs, or roughly 1.24 billion euros, the company wrotein a note on Monday. Thanks to the transaction, which is due tobe finalised within the first semester of 2015, the Generali"Lion" expects to increase its Solvency 1 index byapproximately 9 percentage points. . .