Intermonte seen up 20% after takeover bid from Banca Generali
** Shares in Italy's Intermonte INTM.MI are indicated up 19.7%after the investment bank and brokerage received a takeover offer from Banca Generali BGN.MI
** Banca Generali is offering 3.04 euros a share to buy out other investors in the Milanese investment firm and take it private, a premium of 21.9% toIntermonte's Friday close
** It said Intermonte's controlling shareholders, who own 52% of its capital, had already agreed to take up the offer
** As of 0729 GMT Intermonte's shares were halted and indicated to open at 2.98 euros, according to LSEG data, which would be their highest price since January 2022
** Shares in Banca Generali are flat
Reporting by Alessandro Parodi
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