Cathay Financial Holding Co., Ltd. (2882.TW)
| Previous Close | 48.45 |
| Open | 47.80 |
| Bid | 47.95 x 0 |
| Ask | 48.00 x 0 |
| Day's Range | 47.80 - 48.20 |
| 52 Week Range | 41.90 - 50.50 |
| Volume | |
| Avg. Volume | 22,393,307 |
| Market Cap | 704.122B |
| Beta (5Y Monthly) | 0.65 |
| PE Ratio (TTM) | 14.81 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.90 (1.86%) |
| Ex-Dividend Date | Jun 28, 2023 |
| 1y Target Est | N/A |
- Reuters
UPDATE 2-Generali buys U.S. asset manager Conning under deal with Cathay Life
Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan's Cathay Financial Holding, the Italian insurer said on Thursday. The deal, structured as an exchange of assets without a cash consideration, realises Generali CEO Philippe Donnet's ambition of expanding into the asset management sector in the United States. Under its current three-year plan, Generali had been seeking acquisition targets in insurance and asset management, earmarking up to 3 billion euros ($3.25 billion) for M&A transactions and citing possible deals in Europe, Asia and the United States.
- Reuters
Generali buys U.S. asset manager Conning under deal with Cathay Life
Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan's Cathay Financial Holding, the Italian insurer said on Thursday. The deal, structured as an exchange of assets without a cash consideration, realises Generali CEO Philippe Donnet's ambition of expanding into the asset management sector in the United States. Under its current three-year plan, Generali had been seeking acquisition targets in insurance and asset management, earmarking up to 3 billion euros ($3.25 billion) for M&A transactions and citing possible deals in Europe, Asia and the United States.
