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FinecoBank, Banca Generali rise after report on interest from PE funds



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** Shares in FinecoBank FBK.MI, Banca Generali BGN.MI are up 2.8% and 1.7% respectively after Italian daily Il Sole 24 Ore reported some private equity funds are studying potential stake acquisitions in the two Italian asset managers

** Bain, CVC, Advent as well as insurer Zurich are among those studying the possibility of making an offer for FinecoBank, the daily writes

** One of these funds is also considering a potential offer for Banca Generali, controlled by insurer Generali GASI.MI, it adds

** A Milan-based trader says interest in the sector is not new, confirms the attractiveness of the Italian asset management segment

** A broker says Bank of Italy might not like private equity firms holding stakes in Italian companies with a banking license

** Up to Monday's close, shares in FinecoBank were up 12.3%​ YTD, while those in Banca Generali are up 14.5 YTD




Reporting by Alberto Chiumento, Giancarlo Navach, editing by Giulia Segreti

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