Tag Archives: CapLaw-2015-46

Generali completes the divestment of BSI SA to BTG Pactual

On 15 September 2015, Assicurazioni Generali S.p.A. announced that it completed the divestiture of its participation in BSI SA to Banco BTG Pactual SA. In line with the agreement executed on 14 July 2014, the final consideration for the sale is CHF 1,248 million, of which approx. CHF 1 billion in cash and the remaining portion in BTG Units listed on the Sao Paulo Stock Exchange.