Caltagirone: « The Natixis Stero Generali operation », expected for the Assembly of April 24th

Generali « after the Natixis affair will be a different company and the effects effects will move elsewhere ». As Francesco Gaetano Caltagirone, shareholder with just over 7% of the Trieste lioncomments on the story in an interview a The sun 24ore. The manager underlines how concern is not only his but of « all reasonable people. It is difficult with a few words to give an explanation: I try to enunciate some main topic. First of all, there is no valid economic reason, I emphasize economic to do the operation ».

Investment control

« Which prodest – continues the entrepreneur -? Furthermore, in order not to duplicate the costs, which those interested say it, an organization must be dismantled that has worked so far, built in almost two centuries. It will be an irreversible fact. It will be impossible exercise an effective selection and control over investments and expectations of profitability: Risk control will be faded. I remember that the masses of money are insured and not of generals. Not to mention the actual political address of investments and I emphasize effective. The choices of a giant like Generali also have a significant social effect ».

Assembly on April 24th

Caltagirone continues by reiterating that « I prefer to fly over why two months after the renewal, the situation against an important part of the Council and with the opinion of the President of the Board of Statutory Auditors has been forced. Finally, I don’t understand why management has not tried to make joint projects with Italian partners ». In view of the Assembly of next April 24thas regards the list presented for the renewal of the Board of Directors, Caltagirone explained that « the list presented is of minority and does not suggest names for the government of the company, but is long enough to ask shareholders to block the wretched Natixis project ».