Zurich Said to Buy Generali’s Irish Unit for About €337 Million

At least half a dozen bank takeover proposals have been put forward in Italy over the past year, marking a renaissance in European banking M&A. The wave of potential deals—centered in Italy—could drive sector consolidation and affect valuations and liquidity across European banks.

Analysis

At least half a dozen bank takeover proposals have been put forward in Italy over the past year, marking a renaissance in European banking M&A. The wave of potential deals—centered in Italy—could drive sector consolidation and affect valuations and liquidity across European banks.