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BRIEF-Intesa Sanpaolo investors fully support CEO after idea of Generali tie-up dropped
March 1, 2017 / 12:09 PM / 10 months ago

BRIEF-Intesa Sanpaolo investors fully support CEO after idea of Generali tie-up dropped

March 1 (Reuters) - Intesa Sanpaolo Chairman Gian Maria Gros-Pietro says:

* after Generali tie-up talks, Intesa CEO Carlo Messina has “full and unchanged” support from shareholders

* Italy’s biggest retail bank abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. Further company coverage: (Reporting by Milan newsroom)

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