It is a question of a new bancassurance partnership in both the life and non-life sectors – Castagna chooses the Veronese company led by Minali of which Warren Buffett has recently become the first shareholder
The board of Banco Bpm gave the exclusive right to Cattolica Assicurazioni to negotiate on the new bancassurance partnership. Any agreement, as known, will be on both the life and non-life lines.
In yesterday's council, Tuesday 17 October, the proposals of Cattolica (already given as favorite on the eve) and Covea arrived as 'finalists'. In the end, the Veronese company prevailed, in whose capital Warren Buffett has recently entered with 9%.
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