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Generali sells its insurance interest in Colombia to Talanx

Thursday, February 1, 2018

Italy's Generali Group has agreed to sell its Colombian insurance operations to the Talanx Group of Germany for approximately $35 million.

Regulatory approval of the deal is pending. Talanx owns the HDI brand in Latin America, and said that it expects the Generali sale to close before 2018.

Source: Finance Colombia