The Ligresti family has ended its control of Italy’s second-largest insurance group Fondiaria SAI, in a bid to restructure the insurer’s assets.
According to a statement released on 29 January, the family agreed on a deal that will see rival Unipol increase the capital of Premafin by €400 million.
Premafin is the holding company through which the Ligrestis control Fondiaria SAI, as it owns 38.5% of the insurance group.
